A trader uses a weight of 920 g instead of 1 kg and sells the articles at the marked price which is 15% above the cost price. Find the profit percentage.
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Solution
DifferenceFalsevolume×100=/80/920×100=/800200/9223+15/100×/2002/9223/230/23=10%frofit Let the CP be 1rs/g 1000 gms = 1000rs But he uses weight = 920gms So, CP = 920 SP = 1000+150 = 1150 Profit = 1150 - 920 = 230 P%=230920×100=25%.