Profit and Loss Practice Test 5

Question : 28 of 40

Marks: +1, -0

A dishonest dealer professes to sell his goods at cost price, but still he gains 25% on his outlay. What weight does he substitute for a kilogram?

Solution:

Let he substitutes x gm. for 1 kg; then

{1000-x}/x×100=25

∴x=800gm

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