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A dishonest dealer sells articles at 10%...

A dishonest dealer sells articles at 10% loss on cost price but uses the weight of 16 g instead of 18 g. What is his profit or loss per cent?

A

`1(1)/(4)% ` gain

B

`1(1)/(4)%` gain

C

`3(1)/(4)%` loss

D

`6(1)/(4)%` gain

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will analyze the situation of the dishonest dealer who claims to sell at a 10% loss but uses incorrect weights. ### Step 1: Understand the Cost Price (CP) and Selling Price (SP) Let’s assume the cost price (CP) of 18 grams of the article is ₹18. ### Step 2: Calculate the Selling Price (SP) at 10% Loss Since the dealer claims to sell at a 10% loss, we can find the selling price (SP) using the formula: \[ SP = CP - (10\% \text{ of } CP) \] Calculating this: \[ SP = 18 - (0.10 \times 18) = 18 - 1.8 = ₹16.2 \] ### Step 3: Identify the Actual Weight Sold The dealer uses a weight of 16 grams instead of 18 grams. Therefore, when he sells at the price of 18 grams, he is actually selling only 16 grams. ### Step 4: Calculate the Cost Price of 16 grams Since the cost price of 18 grams is ₹18, the cost price (CP) of 16 grams can be calculated as: \[ CP \text{ of 16 grams} = \left(\frac{16}{18}\right) \times 18 = ₹16 \] ### Step 5: Calculate the Profit Now we can find the profit made by the dealer: \[ \text{Profit} = SP - CP \text{ of 16 grams} \] Calculating this: \[ \text{Profit} = 16.2 - 16 = ₹0.2 \] ### Step 6: Calculate the Profit Percentage To find the profit percentage, we use the formula: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{CP of 16 grams}}\right) \times 100 \] Calculating this: \[ \text{Profit Percentage} = \left(\frac{0.2}{16}\right) \times 100 = 1.25\% \] ### Conclusion The dishonest dealer makes a profit of **1.25%**. ---
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