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A dishonest dealer professes to sell grains at cost price, but he uses a weight of 925g for 1kg weight. Find his gain percentage. (Approximate to two decimals.)

  1. A
    0.0811
  2. B
    0.085
  3. C
    0.0775
  4. D
    0.075

Solution & Step-by-step Explanation

Let the cost price (CP) of 1g of grain be ₹1.
The cost price of 1kg (1000g) of grains is ₹1000.

The dealer gives only 925g instead of 1000g.
Therefore, the Cost Price of the grain actually given is:

CP=₹925
The Selling Price (SP) charged is for 1000g, which is equal to its cost price:

SP=₹1000
Profit made by the dealer:

Profit=SP−CP=1000−925=75
Gain percentage formula:

Gain Percentage=(
CP
Profit

)×100
Gain Percentage=(
925
75

)×100=
37
3

×100=
37
300

%≈8.11%
Expressed as a decimal multiplier or a direct match to the options given in the fractional/decimal form representation (8.11%=0.0811):

Gain=
925
75

≈0.0811

Practice this question

Try it yourself before checking the explanation above.

A dishonest dealer professes to sell grains at cost price, but he uses a weight of 925g for 1kg weight. Find his gain percentage. (Approximate to two decimals.)
A
0.0811
B
0.085
C
0.0775
D
0.075

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