"A shopkeeper sells his goods at cost price but uses a weight of 790 gm instead of kilogram weight

M4maths Previous Puzzles

26 Oct 2018 Profit and Loss

"A shopkeeper sells his goods at cost price but uses a weight of
790 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) 26.58
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 790 gm = Rs 790
SP of 790gm = Rs 1000

Profit = (1000-790)*100/790 = (210/790)*100 = 26.58

Option 7)

Correct Option: 7 Best Solution (4)