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Q.

A dishonest dealer decides to sell his goods at cost price, but he uses a weight of 920gms for 1kg weight. Find his gain percent.

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a

5%

b

8.6%

c

6%

d

7%

answer is B.

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Detailed Solution

CP = 920

SP = 1000

$G a i n % = \frac{S P - C P}{C P} \times 100$

$= \frac{1000 - 920}{920} \times 100$

$= \frac{80}{920} \times 100 = \frac{800}{92} = 8.6 %$

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