Question

A sweet seller declares that he sells sweets at the cost price. However, he uses a weight of $450$ gms instead of $500$ gms. His percentage profit is-

• A. $10$%
• B. $11$%
• C. $11\frac{1}{9}$ %
• D. $10\frac{1}{9}$ %

Answer 1

The correct option is C $11\frac{1}{9}$ %

For $500gms$

Let the Selling Price be $S.P$, Cost Price be $C.P$ and Profit percent be $P$

Then for $450gms$

$Selling$ $price$ $S.P$ = $\frac{500}{450}\times C.P=(1+\frac{P}{100})\times C.P$

$P=11\frac{1}{9}\%$