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Question

A dishonest shopkeeper professes to sell suger at his cost price , but uses a 950 g for 1 kg . Find his profit percent .

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Solution


Let cost price of 1g sugar be Rs.1
Assume he sells 1000g sugar.
Since he uses false weight he actually sells only 950 g sugar.
Therefore actual cost price for him is Rs.950.
Selling price =Rs.1000.
Profit percentage=(1000950)950×100
=10019%


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