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Question
A dishonest shopkeeper uses a weight of 800 gm for a kg and professes to sell his good at cost price. His profit is
Options
20%
21%
24%
25%
MCQ
Solution
25%
Explanation:
Let CP of 1000 g item = ₹ 1000
CP of 800 g item = ₹ 800
SP of 800 g item = ₹ 1000
P%`=(1000-800)/800xx100`
`200/800xx100=25%`
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Profit and Loss (Entrance Exam)
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