Practicing Success
A dishonest shopkeeper promises to sell his goods at its cost price but he uses 24% less weight. The profit percent is: |
41\(\frac{11}{19}\)% 40\(\frac{11}{19}\)% 38\(\frac{11}{19}\)% 31\(\frac{11}{19}\)% |
31\(\frac{11}{19}\)% |
Let the price of 1000 gm. = Rs. 100 but he uses 760 gm. instead of 1000 gm. (1000 × 76% = 760 gm.) C.P. of 760 gm. = Rs. 76 S.P. of 700 gm. = Rs. 100 Profit = \(\frac{(100 - 76)}{76}\) × 100 = \(\frac{2400}{76}\) = 31\(\frac{11}{19}\)% |