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?
    A 7 % Correct Answer Incorrect Answer
    B 33 1/3 % Correct Answer Incorrect Answer
    C 12 1/4 % Correct Answer Incorrect Answer
    D 4 8/23 % Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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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