A trader professes to sell his goods at a loss of 12% but uses a weight of 800 grams in place of a 1 Kg weight. What is his real loss or gain per cent?

10% loss

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22.22% profit

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8% loss

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10% profit

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Solution

The correct option is D 10% profit
Assume the CP of 1 Kg is Rs. 100
He sells 800 g for 12% loss, which is Rs. 88
SP of 1 Kg will be $= \frac{88}{800} = R s .110$
Profit % = 10%

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A trader professes to sell his goods at a loss of 12% but uses a weight of 800 grams in place of a 1 Kg weight. What is his real loss or gain per cent?

The correct option is D 10% profitAssume the CP of 1 Kg is Rs. 100 He sells 800 g for 12% loss, which is Rs. 88 SP of 1 Kg will be =88800=Rs.110 Profit % = 10%

The correct option is D 10% profit
Assume the CP of 1 Kg is Rs. 100
He sells 800 g for 12% loss, which is Rs. 88
SP of 1 Kg will be $= \frac{88}{800} = R s .110$
Profit % = 10%