Question

Find the profits
5. A dishonest shopkeeper says that he wants a clearing sale and is selling at the
cost price itself
. In fact he is using a faulty balance and has a weight of 950 g
instead of a kilogram. Find his profit %.
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Answer 1

Answer:

Let the cost price be Rs. 1000

So the profit =50

profit%=50/1000×100=5%