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A dishonest dealer professes to sell his...

A dishonest dealer professes to sell his goods at cost price but he uses a weight of 900 gm in place of 1 kg.
Find his gain per cent.

A

`(100)/(3)%`

B

`(100)/(9)%`

C

`(200)/(3)%`

D

`(200)/(9)%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine the gain percentage of the dishonest dealer who uses a weight of 900 grams instead of 1 kilogram (1000 grams) while claiming to sell at cost price. ### Step-by-Step Solution: 1. **Understand the Cost Price (CP)**: - Let's assume the cost price of 1 kg of goods is ₹100. 2. **Actual Weight Sold**: - The dealer sells only 900 grams instead of 1000 grams. 3. **Selling Price (SP)**: - Since the dealer sells at cost price, the selling price for 900 grams is also ₹100 (the same as the cost price for 1 kg). 4. **Cost Price of 900 grams**: - To find the cost price of 900 grams, we calculate it as follows: \[ \text{Cost Price of 900 grams} = \left(\frac{900}{1000}\right) \times 100 = ₹90 \] 5. **Gain Calculation**: - Now, we can find the gain by subtracting the cost price of 900 grams from the selling price: \[ \text{Gain} = \text{Selling Price} - \text{Cost Price of 900 grams} = ₹100 - ₹90 = ₹10 \] 6. **Gain Percentage Calculation**: - To find the gain percentage, we use the formula: \[ \text{Gain Percentage} = \left(\frac{\text{Gain}}{\text{Cost Price of 900 grams}}\right) \times 100 \] - Substituting the values: \[ \text{Gain Percentage} = \left(\frac{10}{90}\right) \times 100 \approx 11.11\% \] ### Final Answer: The gain percentage of the dishonest dealer is approximately **11.11%**. ---
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Knowledge Check

  • A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 960 gm for the kg weight. Find his gain percent.

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