Practicing Success
A dishonest dealer professes to sell his goods at the cost price but uses a weight of 900 gm for one kg weight. Find his gain percent. |
11% $11 \frac{1}{4}$% $11 \frac{1}{9}$% $11 \frac{3}{4}$% |
$11 \frac{1}{9}$% |
Percentage gain = \(\frac{( SP - CP ) }{CP}\) × 100% Cost price : Selling price 900 : 1000 Percentage gain = \(\frac{( 1000 - 900 ) }{900}\) × 100% = \(\frac{( 100 ) }{900}\) × 100% = 11\(\frac{( 1) }{9}\)% The correct answer is Option (3) → $11 \frac{1}{9}$% |