A dishonest shopkeeper professes to sell at a discount of 15% to his cost price but uses 400 gm inst

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07 Jul 2022 Profit & Loss

A dishonest shopkeeper professes to sell at a discount of 15% to his cost price but uses 400 gm instead of 500 gm. The actual gain or loss percentage is

OPtion

1) 5.33% Loss
2) 6.75% Gain
3) 6.66% Gain
4) 6.25% Gain
5) 7.66% Loss
6) 7.33% Gain
7) 4.84% Gain
8) 3.33% loss
9) 4.25% Gain
10) None of these

Solution

For shopkeeper, let CP of 1 kg or 1000 gm = 100
As he is using 400 gm instead of 500 gm .'. For 1 kg price, he actually sells 800 gm
CP of 800 gm = 80
With 15% discount, SP of 800 gm = (100-15) = 85
.'. % Gain = [(85-80)/80]*100 = 25/4 or 6.25%
Correct Option 4)

Correct Option: 4 Best Solution (1)

G.S.Kantharao   2 years AGO

Let the c.p of 1kg =₹100
S.P of 800gm=₹85
C.Pof 800gm=₹80
% of profit=5*100/80=6.25%
My option is 4👈

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