A dishonest shopkeeper professes to sell grains at cost price, but he uses a weight of 935g for 1kg weight. Find his gain percentage.
- A5.96%
- B6.59%
- C6.95%
- D6.5%
Solution & Step-by-step Explanation
Step 1: Identify the components
True weight =1kg=1000g
False weight used =935g
Step 2: Formula for gain percentage
Gain %=(
False Weight
True Weight−False Weight
)×100
Step 3: Calculate the percentage
Gain %=(
935
1000−935
)×100
Gain %=
935
65
×100=
187
13
×100=
187
1300
≈6.95%
True weight =1kg=1000g
False weight used =935g
Step 2: Formula for gain percentage
Gain %=(
False Weight
True Weight−False Weight
)×100
Step 3: Calculate the percentage
Gain %=(
935
1000−935
)×100
Gain %=
935
65
×100=
187
13
×100=
187
1300
≈6.95%