A dishonest fruit vendor sells his goods at cost price but they uses a weight of 900 gm. for the 1 kg. weight. His gain percent is = ?
A. 12%
B. $$11\frac{1}{9}$$%
C. $$10\frac{1}{9}$$%
D. 10%
Answer: Option B
Solution(By Examveda Team)
According to the question,Shopkeeper sells his goods at cost price
Let, Cost price of 1000 gm. goods = Rs. 1000
He sold 900 gm. goods
Selling price of 900 gm. goods = Rs. 1000
Cost price of 900 gm. goods = Rs. 900
$$\eqalign{ & {\text{Profit}}\% = \frac{{100}}{{900}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 11\frac{1}{9}\% \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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