Dishonest shopkeeper professes to sell pulses at the 20% profit , also he uses a false weight of 800gm for a kg, his actual gain is____%.
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he gains % percentage profit by false weighing = error/(true weight - error) × 100
[ error = 1000gm - 800gm = 200gm, true weight = 1000gm ]
= 200/800 × 100 = 25%
now, here you can see that shopkeeper gains two profits 20% by selling and 25% by false weighing.
so, use formula of net profit = P + Q + PQ/100
here , P = 20% and Q = 25%
so, net profit = 20% + 25% + 20 × 25/100 %
= 45% + 5% = 50%
hence, his actual gain is 50%
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