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A dishonest dealer professes to sell his goods at cost price but uses a weight of 875 gms for the kilogram weight. His gain in percentage is a
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- 17%
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14 5 % 7 -
14 2 % 7 - 14%
Correct Option: C
Here , Error = 125
Using the given formula ,
Profit percent = | × 100 | (1000 - Error) |
Profit percent = | × 100 | 875 |
Profit percent = | = 14 | % | 7 | 7 |