Multiple choice

A dishonest vendor professes to sell fruits at the cost price but uses a weight of 800 grams in lieu of 1 kg weight. Find the percentage gain.

  1. 20%

  2. 24%

  3. 25%

  4. 30%

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

The vendor sells 800g but charges for 1000g, gaining 200g on every sale. Percentage gain equals (gain/actual weight) × 100 = (200/800) × 100 = 25%. This means for every 100 units paid, the customer only receives 80 units worth, giving the vendor a 25% profit margin.