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A dishonest shopkeeper sold his goods at 10% loss and he used 750 gm in place of 1 kg. Find the profit or loss percentage.

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A dishonest shopkeeper sold his goods at 10% loss and he used 750 gm in place of 1 kg. Find the profit or loss percentage.
  • A20%
  • B25%
  • C30%
  • D35%
Answer not set

Discussion 1

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CCommunity
Let the price of the goods is Rs. 1 per gm.

Then, CP of 1000 gm = Rs. 1000

Shopkeeper sold the goods at 10% loss

⇒ SP of 1000 gm goods = Rs. 900

He also uses 750 gm weight instead of 1000 gm

⇒ He sold the goods at Rs. 900 instead of Rs. 750

Profit = 900 – 750 = Rs. 150

Profit % = (150/750) × 100 = 20%

∴ Shopkeeper makes a profit of 20%.