Question

A dishonest shopkeeper declares to sell the items at cost price, but he uses a false weight of 800 g for 1 kg. What is his profit percentage?

• A. 50%
• B. 25%
• C. 75%
• D. 15%

Answer 1

The correct option is B 25%

Let the cost price of 1 kg of goods = ₹100
So, the actual cost price = cost price of 800 g of goods = ₹80
The selling price of 1 kg of goods = ₹100
Profit = SP - CP
Profit = ₹(100-80) = ₹20
Profit% $=\frac{Profit}{CP}\times 100$
Profit% $=\frac{20}{80}\times 100=25\%$