A dishonest shopkeeper claims to sell goods at cost price but uses a weight of 900 gm for 1 kg. find the percentage profit to the shopkeeper?
Question
A dishonest shopkeeper claims to sell goods at cost price but uses a weight of 900 gm for 1 kg. find the percentage profit to the shopkeeper?
Solution
Sure, here is the step by step solution:
-
The shopkeeper claims to sell goods at cost price but uses a weight of 900 gm for 1 kg. This means that for every 1 kg, the shopkeeper is actually giving 900 gm.
-
So, when the shopkeeper sells 1 kg, he is actually selling 900 gm and keeping 100 gm (1 kg - 900 gm) for himself.
-
The profit percentage is calculated by dividing the profit (100 gm) by the cost price (900 gm) and then multiplying by 100 to get the percentage.
-
So, the profit percentage is (100/900) * 100 = 11.11%.
Therefore, the shopkeeper makes a profit of 11.11% by using a weight of 900 gm for 1 kg.
Similar Questions
A shopkeeper sells his goods at a profit of 10%. But he used weight of 800 gm instead of 1000 gm while buying. Find his actual profit.
A dishonest seller sells his goods at cost price and uses a fault weight to gain profit. If he measures 800 gms instead of a kilo, find his gain%?
A Shopkeeper sells his goods at 4% loss. But he uses 44 gm weight instead of 50 gm. Find his actual profit percent.1623%1623%1119%1119%9111%9111%8%
A shopkeeper has 1000 kg of pepper. A part of this, he sells at 12% profit and 25% profit. Overall, he gains 18%. How many Kgs did he sell at 20% profit?
A dealer sells his goods at C.P.If by using false weights he gains 4 823%, then find the weight he uses for 1Kg.900 gm958.34 gm836.24 gmNone of these
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.