Question:
A dealer declares to sell at cost price, but uses a false weight of 900 gms for 1 Kg. what is his gain percentage.
A10%
B9%
C11 1/9%
D9 1/11%
Answer:
C. 11 1/9%
Explanation:
Gain percent = [Error/True valute - Error] x 100 = 100/1000 - 100 x 100 =(100 x 100) / 900 = 11 1/9%