Question
Download Solution PDFA shopkeeper claims to sell his articles at Rs. 46/kg which costs him Rs. 50/kg. But while selling he uses false weight and gives only 800 gm instead of 1 kg. What is his profit percentage?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDF⇒ Selling price of 800 gm article = Rs. 46
∴ Selling price of 1 kg article = 46 × (1000/800) = Rs. 57.5
⇒ Cost price of 1 kg article = Rs 50
∴ Profit percentage = [(57.5 – 50)/50] × 100% = 15%Last updated on Jun 19, 2025
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