Question 11
EasyOriginal questionA shopkeeper says he sells sugar at cost price, but he gives only 900 g every time a customer pays for 1 kg. What is his gain percentage?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
For every 900 g he gives, he is paid the cost of 1,000 g.
Gain = 100 g on a cost of 900 g.
Gain % = .
Worth noting
The base is what he actually gives (900 g), not the 1,000 g he claims. Dividing by 1,000 gives 10%.
- Concept
- Gain from a false weight
- Typical timeTypical
- 45 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Profit, Loss & Discount, at your own pace.