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.

• A. 10%
• B. 9%
• C. 11 1/9%
• D. 9 1/11%

Answer 1

Answer:

C. 11 1/9%

Gain percent = [Error/True valute - Error] x 100 = 100/1000 - 100 x 100 =(100 x 100) / 900 = 11 1/9%