Question

Raman plans to sell his goods at a loss of $8\%$ but uses weights of 900 grams in place of a kg weight. Find his real loss or gain percent?

• A. 3%
• B. 20%
• C. 10%
• D. 7%
• E. 2.22%

Answer 1

The correct option is E 2.22%

Raman plans to sell his goods at a loss of $8\%$. Therefore, Selling Price $=(100-8)\%$ of CP = 0.92 CP But, when he uses weights that measure only 900 grams while he claims to measure 1 kg.Hence,

CP of 900gms $=0.90\times OriginalCP$

So, he is selling goods worth 0.90 CP at 0.92 CP

Therefore, he makes a profit of 0.02 CP on his cost of 0.9 CP profit $\%=2.22\%$