Multiple choice

A grocer claims to sell goods at cost price. However, he uses a 900 gms weight instead of 1 kg wt while selling goods. Find his profit %.

  1. 10% P

  2. 11.11% P

  3. 21% P

  4. 9.09% P
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The grocer uses 900g instead of 1000g. His profit is on the cost of 900g, so he gains 100g for every 900g sold. Profit percentage = (100 / 900) * 100 = 11.11%.

AI explanation

Using the Faulty Weight Formula, the profit percentage equals ((True Weight minus False Weight) divided by False Weight) times 100. Substituting the values gives ((1000 minus 900) divided by 900) times 100. This results in a profit of 11.11 percent.

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