Home » Aptitude » Profit and Loss » Question
  1. A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g instead of 1 kg. His gain percent is
    1. 17
      12
      %
      17
    2. 17
      11
      %
      17
    3. 71
      12
      %
      17
    4. 11
      11
      %
      17
Correct Option: B

On the basis of given details in above question ,

Profit percent =
150
× 100
1000 - 150

Profit percent =
150 × 100
=
300
= 17
11
%
8501717

We can find gain % with the help of given formula :
Gain% =
True weight - False weight
× 100%
False weight

Gain% =
1000 - 850
× 100%
850

Gain% =
150
× 100%
850

Gain% =
300
= 17
11
%
1717



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