A dealer professes to sell his goods at cost price but uses 900 gm weight for a kilogram. Find his profit percent.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. .
He intends to sell 1000gm but instead, he sells only 900 gm but receives the amount of 1000 gm.
He gained profit equal to the cost price of 100 gm of the article.
Profit% = (100/900) × 100 =