A dishonest shopkeeper gives 900 g of a commodity instead of 1 kg but charges the cost price per kg. Find his gain percentage.
11.11%
The shopkeeper charges for 1000 g but actually gives only 900 g, so the gain is measured against the quantity actually given.
Gain percentage is calculated as \(\text{Gain \%} = \frac{\text{Shortage}}{\text{Quantity given}} \times 100\).
\(\text{Gain \%} = \frac{100}{900} \times 100 = 11.11\%\)
Hence, the gain percentage is 11.11%.
Important Questions from Dishonest Dealings
A merchant claims that he sells his goods at CP. But uses a weight of 900 g for the 1 kg weight. find his gain %
A shopkeeper cheats to the extent of 9% while buying and selling fruits, by using tampered weights. His total gain in percentage is:
A. 18.25
B. 18.81
C. 19.78
D. 18.5
What is the faulty weight used by a dishonest shopkeeper instead of the original weight of 1 kg to get a profit of 25%?
A dishonest financier claims to be lending money at simple interest, but he includes the interest every four months for calculating the principal. If he is charging an interest of 3%, the effective rate of interest becomes:
A dishonest shopkeeper claims to sell rice at the cost price of ₹95 per kg, but the weight he uses has 1 kg written on it, while it actually weighs 950 g. The profit he thus earns on selling rice having an actual weight of 95 kg rice is:
