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

Question

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
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Solution 1

The dealer is gaining 4 823% by using false weights. This means that for every 1 Kg (1000 gm), he is actually giving less than that.

Let's denote the actual weight he gives as 'W'.

We know that the gain percent is given by the formula:

Gain% = [(True Value - False Value) / False Value] * 100

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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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