Practicing Success
A seller uses faulty weight in place of a 2 kg weight and earns a 25% profit. He claims that he is selling on the cost price in front of the customers but uses a faulty weight. How much error is there in the 2 kg weight to gain 25%? |
250 g 300 g 400 g 500 g |
400 g |
25% profit = \(\frac{1}{4}\) ⇒ \(\frac{5}{4}\) 5 = 2 kg Now ⇒ \(\frac{2 kg}{5}\) × 4 = 1.6 kg differet weight = (2 - 1.6) kg = 400 g |