A shopkeeper professes to sell his goods at cost price but uses 750 gm instead of 1 kg. What is his…
The shopkeeper charges the price of 1000 g but delivers only 750 g, so his gain is 250 g on a true cost of 750 g. The gain percentage is…
Choose your answer
A shopkeeper professes to sell his goods at cost price but uses 750 gm instead of 1 kg. What is his gain in percentage?
Answer and explanation
Correct answer D
The shopkeeper charges the price of 1000 g but delivers only 750 g, so his gain is 250 g on a true cost of 750 g. The gain percentage is . Hence 33.33 is the correct answer, the exact value rather than the rounded 33.
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