"A shopkeeper sells his goods at cost price but uses a weight of 940 gm instead of kilogram weight

M4maths Previous Puzzles

10 Sep 2018 Profit and Loss

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

OPtion

1) 6.04
2) 5.036
3) 6.038
4) 7.63
5) 5.36
6) 7.36
7) 6.38
8) 8.12
9) 4.02
10) None of these

Solution

Let the CP of 1000 gm (1 kg) be Rs. 1000
Then CP of 940 gm = Rs 940
SP of 940gm = Rs 1000

Profit = (1000-940)*100/940 = (60/940)*100 = 6.38
Option 7)

Correct Option: 7 Best Solution (0)