Question : A shopkeeper weighs an item of 930 grams instead of 1 kg and sells it at its cost price. Find his profit percentage on selling 15 kg of the item.
Option 1:
Option 2:
Option 3:
Option 4:
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Correct Answer:
Solution :
Faulty weight = 930 gm
True weight = 1000 gm
Gain % =
Error = 1000 – 930 = 70 gm
The profit percentage on buying 15 kg will be the same as buying 1 kg.
Gain % =
⇒ Gain % =
Hence, the correct answer is
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