Home » Aptitude » Profit and Loss » Question
  1. A dishonest shopkeeper professes to sell goods at his cost price but uses a false weight of 950 gms, for each kilogram. His gain percent is :
    1. 6
      1
      %
      4
    2. 5
      5
      %
      19
    3. 5
      3
      %
      17
    4. 6
      2
      %
      7
Correct Option: B

As we know that ,

Profit percent =
Error
× 100
True weight – error

Profit percent =
50
× 100
1000 - 50

Profit percent =
50 × 100
=
100
= 5
5
%
9501919



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