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A shopkeeper sells his goods at cost price but uses weight of 850 gm for a kilogram weight. What is profit percentage?

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A shopkeeper sells his goods at cost price but uses a weight of 850 gm instead of kilogram weight. What is his profit percentage?

posted Mar 30, 2018 by anonymous

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1 Answer

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Let the cost price of 1000gm be 100.
Since the shopkeeper now uses 850gm stones to measure 1000gm.
850 gm - 85 cost to the shopkeeper.
selling price - 100
Profit %= ((100-85)/85)*100 = 17.6471%.

answer Mar 30, 2018 by Tejas Naik



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