Multiple choice

A dishonest shopkeeper uses a weight of 800 gm. for a kg. and professes to sell his goods at cost price. His profit % is -

  1. 20%

  2. 18%

  3. 25%

  4. 30%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The shopkeeper uses 800g instead of 1000g, so he gives only 800g but charges for 1kg. He gains 200g on every 800g actually sold, which is a profit of (200/800) × 100 = 25%. Option A (20%) would be if he gained 200g on 1000g, which is incorrect.