A dishonest dealer sells the goods at 7% loss on cost price but uses 18% less weight. What is his percentage of profit? (Correct to 2 decimal places)
Answer & explanation
Correct answer: option 4
Let , CP SP
Rupees 100 93
weight- 82 100
—————————————
82 93
Profit% = \(\frac{93 - 82}{82}\) × 100 = 13.41%