A dishonest shopkeeper promises to sell his goods at cost price. However, he uses a weight that actually weighs 49% less than what is written on it. Find his profit percentage.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. .
Let CP for 1g = ₹ 1
CP for 51g = ₹51
The shopkeeper charges ₹100 for 51g
Profit = 100 - 51 = 49
Profit percentage = (49/51) × 100 =