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Question

A dishonest dealer professes to sell his goods at C.P., but he uses a weight of 900 grams for the kg weight. Find his gain per cent

A
9111%
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B
1119%
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C
40%
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D
10%
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Solution

The correct option is B 1119%
Percentage Gain =[(SellingPriceCostPrice)100]CostPrice

Suppose the cost price of 1g is x.

Therefore,

Selling Price =1000x (because he claims to be giving 1kg weight)

Cost Price =900x (because the goods he actually gives is 900g)

So,

Percentage Gain =[(1000x900x)×100]900x

Percentage Gain =[(100x)100]900x

Percentage Gain =10000x900x

Percentage Gain =100/9=1119%

Hence, his percentage gain is 1119%

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