A dishonest dealer professes to sell his goods at cost price but uses a false weight of 950 grams instead of 1 kilogram. His gain percentage is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. %.
Given that
The shopkeeper uses a false weight of 950 grams in spite of 1000 grams
Hence, the ratio of S.P : C.P is given as
= =
Hence the gain percentage = × 100 = %