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A dishonest dealer professes to sell his...

A dishonest dealer professes to sell his goods at 10% loss. But he uses a false weight of 800 gm instead of kilogram weight. Thus his profit percentage is

A

0.12

B

11`1/2`%

C

8`1/2`%

D

12`1/2`%

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the profit percentage of the dishonest dealer who sells goods at a 10% loss while using a false weight of 800 grams instead of 1 kilogram (1000 grams). ### Step-by-Step Solution: 1. **Assume the Cost Price (CP) for 1000 grams**: Let's assume the cost price of 1000 grams of goods is ₹1000. **Hint**: Start by defining a base value for the cost price to simplify calculations. 2. **Calculate the Selling Price (SP) at 10% Loss**: Since the dealer sells at a 10% loss, the selling price can be calculated as: \[ SP = CP - (10\% \text{ of } CP) = 1000 - (0.10 \times 1000) = 1000 - 100 = ₹900 \] **Hint**: Remember that selling at a loss means you subtract the loss percentage from the cost price. 3. **Determine the Cost Price of 800 grams**: The cost price for 800 grams can be calculated as follows: \[ CP \text{ of } 800 \text{ grams} = \left(\frac{800}{1000}\right) \times 1000 = ₹800 \] **Hint**: To find the cost price for a different weight, use a proportion based on the total weight. 4. **Calculate the Profit**: The profit made by selling 800 grams at the selling price of ₹900 is: \[ \text{Profit} = SP - CP \text{ of } 800 \text{ grams} = 900 - 800 = ₹100 \] **Hint**: Profit is the difference between the selling price and the cost price of the quantity sold. 5. **Calculate the Profit Percentage**: The profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{CP of 800 grams}}\right) \times 100 = \left(\frac{100}{800}\right) \times 100 = 12.5\% \] **Hint**: To find the profit percentage, divide the profit by the cost price and then multiply by 100. ### Final Answer: The profit percentage of the dishonest dealer is **12.5%**.
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