1.

A dishonest shopkeeper sells sugar at Cost price but uses 600 gms in place of 1 kg weight. What is his actual gain percentage?1. 66.67%2. 33.34%3. 25%4. 54%5. 25.67%

Answer» Correct Answer - Option 1 : 66.67%

Given:

A dishonest shopkeeper sells sugar at Cost price but uses 600 gm in place of 1 kg weight.

Formula used:

Profit or Gain % = {(Selling price – Cost price)/Cost price} × 100

Calculation:

Let  be 1 gram = 1 rupees

The cost price of sugar for shopkeeper = Rs. 600            

The selling price of sugar for shopkeeper = Rs. 1000     

⇒ Profit or Gain% = {(1000 – 600)/600} × 100

⇒ (400/600) × 100

⇒ 66.67%

∴ The actual gain percentage of shopkeeper is 66.67%.



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