A dishonest shopkeeper professes to sell pulse at his costume price but uses a false weight of 950 GM for each kilogram. Find his gain percent.
Open in App
Solution
1kg=1000gm so,1000gm-950gm 50gm therefore,the shopkeepers gain is 50gm now,gain percent =(gain/costprice)x100% here the cost price means the total false weight now,(50gm/950gm)x100% =100/19% =5.263%