A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g. instead of 1 kg. his gain percent is = ?
A. $$17\frac{{12}}{{17}}\% $$
B. $$17\frac{{11}}{{17}}\% $$
C. $$71\frac{{11}}{{17}}\% $$
D. $$11\frac{{11}}{{17}}\% $$
Answer: Option B
Solution (By Examveda Team)
According to the question,Dishonest dealer sold at cost price uses a false weight of 850 gm. instead to 1 kg.
$$\eqalign{ & \therefore {\text{Profit }}\% \cr & = \frac{{150}}{{850}} \times 100 \cr & = 17\frac{{11}}{{17}}\% \,{\text{profit}} \cr} $$
This Question Belongs to Arithmetic Ability >> Profit And Loss
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