A dishonest shopkeeper professes to sell grains at cost price, but he uses a weight of 935 g for a 1 kg weight. Find his gain percentage.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 6.95%.
Cheating Amount = 1000 - 935 = 65 g per kg
Gain percentage = (65/935) × 100 ≈ 6.95%