Question

Shaad, a dishonest vegetable vender Promises to sell his goods of its C.P. but uses 840 gm weight instead of 1 kg calculate his profit%.
1. 17% (approx.)
2. 18% (approx.)
3. 19% (approx.)
4. 20% (approx.)

Answer 1

Correct Answer - Option 3 : 19% (approx.)

Given∶

Shad uses 840 gm instead of 1 kg.

Formula Used∶

Error = Original weight – False weight

Profit% = [(Error)/(True weight – Error)] × 100

Calculation∶

Original weight = 1 kg = 1000 gm

False weight = 840 gm

Error = Original weight – False weight = (1000 – 840) gm = 160 gm

Gain% = [(160)/(1000 – 160)] × 100 = [(160)/840] × 100 = 19.0476% = 19% (approx.)

∴ Shaad’s profit percentage is of 19%.