Question
A dishonest shopkeeper promises to sell his goods at
cost price. However, he uses a weight that actually weighs 46% less than what is written on it. Find his profit percentage.Solution
Let Cost Price (CP) of 1 kg goods = 100 He claims to sell at CP ⇒ Selling Price for “1 kg” = 100 But actual weight given = 54% of 1 kg (since 46% less) So, CP of goods actually given = 54 Profit = SP − CP Profit = 100 − 54 = 46 Profit % = (46 / 54) × 100 = 85(5/27)
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