A dishonest trader says to customers that he sells his goods at a cost price, but he uses a false weight and gains 12.5% as profit. How many grams does he use to weigh 1 kg?
A. 900 g
B. 880.5 g
C. 850 g
D. 888.8 g
Answer: Option D
Solution(By Examveda Team)
Let 1000 gm price = Rs. 100012.5% of 1000 = Rs. 1125
When he gets profit of 12.5% on 1000 gm
$$\eqalign{ & {\text{Then, }}\frac{{1000}}{{1125}} \times 1\,{\text{kg}} \cr & = \frac{{1000 \times 1000{\text{ gm}}}}{{1125}} \cr & = 888.8{\text{ gm}} \cr} $$
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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