MAYANK SHARMA
8 years ago

By using false weight a trader gains 5 5/19 % by claiming to sell at cost price. What weight did he actually use for a kg weight?

Solution (By Examveda Team)

950 gm

Let 1000 gm sold at Rs 1000
Sales at cost with profit = 100/19%
therefore cost 1000/ (1+100/19%) = 950

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