1. A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g instead of 1 kg. His gain percent is
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By: anil on 05 May 2019 01.57 am
Let assume that he buys 1000 gram of quantity at 1000 Rs So, Cost Price of 1 gram = 1 Rs Now as it is mentioned that he is selling only 850 gram in 1000 Rs So , selling Price of 1 gram = $$frac{1000}{850}$$ = Rs 1.1764 So profit percentage = $$frac{SellingPrice-CostPrice}{CostPrice}$$ = $$frac{1.1764-1}{1} imes100$$ = 17.64 % = $$17frac{11}{17}$$%
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