WBCS.LIVE practice question
A dishonest dealer claims to sell his goods at the cost price but uses a false weight of 900 gm. for 1 Kg. His gain per cent is
Solve this multiple-choice question and check the correct answer with its explanation below.
Answer options
Correct answer and explanation
Correct answer: 11 1/9 %
Explanation: ā Correct Answer: B) 11 1/9 % š Explanation: The dealer gives 900 gm instead of 1000 gm, meaning he saves 100 gm on every 900 gm sold. His profit is based on the actual quantity of goods he delivers to the customer. The gain percentage is calculated as (Error / True Value - Error) * 100. This simplifies to (100 / 900) * 100, which equals 11 1/9 %.