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A dishonest shopkeeper sells article at cost price but he uses a false weight of 900 grams in place of 1kg. Find the profit percentage during this transaction. |
11.11% 13.11% 11.20% 17.20% |
11.11% |
Let the price of 1000 gm = 100 Cost price of 900 gm = Rs. 90 Selling price of 900 gm = 100 Profit % = \(\frac{100-90}{90}\) × 100 = 11.11% |
