a wiked shopkeeper sells 5 kg of sugar at the profit of 10% but actually he is using only 950g to weight the sugar . how much profit did he actually made ?
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Answer:
Let cost price of 1g sugar be Rs.1
Assume he sells 1000g sugar.
Since he uses false weight he actually sells only 950 g sugar.
Therefore actual cost price for him is Rs.950.
Selling price =Rs.1000.
Profit percentage=
950
(1000−950)
×100
=
19
100%
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