Question

Section
A man shows a loss of 3% on the cost price but uses a weight of 900 gm instead of 1 kg. Then
his gain % will be
NOTE Section
the section time
56 answered​

Answer 1

Answer:

22 2/9%

Step-by-step explanation:

In such questions we assume that he bought 1000 grams of grain at Rs 1000

10% profit = Rs 1100

But he actually sells 900 grams for Rs 1100

So, profit%= 200/900×100=200/9= 22 2/9%

Answer 2

Answer:

Step-by-step explanation:

let the Cost price of 1 kg be Rs.1000

The selling price be Rs.1000 - (Rs. 1000 × 3/100) = Rs. 970

But he weighs 900 gm instead of 1000 gm

The selling price of 900 gm = Rs.970

So the c.p is 900 and the selling price is 970

Profit =970 - 900 = 70

Profit % = profit / c.p ×100

Profit % = 70 / 900  ×100

Profit % = 7.7 %