Question
A dishonest fruit seller sells fruits at 8 % loss. If he
uses 860gm weight in place of 1kg weight, then what is his profit percent?Solution
CP of 1000gm = Rs 100 SP of 860gm = Rs 100 – Loss = 100 – 8 = Rs 92 (as 8% on 100 = Rs 8) Actual CP = 86 Profit % = `(92-86)/86` × 100 = `6.7 = 7 %`
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