A shopkeeper sells his goods at cost price but uses a weight of 850 gm instead of kilogram weight

M4maths Previous Puzzles

30 Mar 2018 Profit and Loss

A shopkeeper sells his goods at cost price but uses a weight of
850 gm instead of kilogram weight. What is his profit percentage?

OPtion

1) 15
2) 15.5
3) 15.65
4) 16
5) 16.5
6) 17.65
7) 17.0
8) 17.5
9) 16.65
10) None of these

Solution

Let the CP of 1000 gm (1 kg) be Rs. 1000
Then CP of 850 gm = Rs 850
SP of 850gm = Rs 850

Profit = (1000-850)*100/850 = (150/850)*100 = 17.65

Correct Option: 6 Best Solution (0)