"A shopkeeper sells his goods at cost price but uses a weight of 780 gm instead of kilogram weight

M4maths Previous Puzzles

01 Feb 2019 Profit and Loss

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

OPtion

1) 28.12
2) 27.21
3) 28.21
4) 29.31
5) 26.21
6) 25.21
7) 26.12
8) 29.12
9) 28.02
10) None of these

Solution

Let the CP of 1000 gm (1 kg) be Rs. 1000
Then CP of 780 gm = Rs 780
SP of 780gm = Rs 1000

Profit = (1000-780)*100/780 = (220/780)*100 = 28.21

Option 3)

Correct Option: 3 Best Solution (0)