A dishonest shopkeeper promises to sell his goods at its Cost Price, but he uses 35% less weight. Find his profit percent.
Answer & explanation
Correct answer: option 3
1000 gm. 650 gm.
-35% ← (less weight)
Profit = 350 grams
Profit percentage = \(\frac{350}{650}\) × 100 = 53.84%