A dishonest dealer professes to sell his goods at cost price but uses a false weight of 950 grams instead of 1 kilogram. His gain percentage is:
Correct Answer :
Solution :
The correct answer is
The dealer claims to sell goods at cost price, but instead of weighing out 1000 grams (1 kg), he only gives 950 grams while charging for 1000 grams.
Step 1: Understand the Trick
Suppose the cost price of 1000 grams = ₹1000 (for easy calculation).
The dealer charges the customer ₹1000 but actually gives only 950 grams.
So the dealer's actual cost for 950 grams = ₹950.
Step 2: Calculate the Gain
He collects ₹1000 but spends only ₹950.
Gain = ₹1000 - ₹950 = ₹50
Step 3: Apply the Gain Percentage Formula
Gain % is always calculated on the Cost Price (what he actually spends).
Step 4: Convert to Mixed Fraction
Dividing 100 by 19:
19 × 5 = 95, Remainder = 100 - 95 = 5
Shortcut Formula:
When a false weight of W grams is used instead of the true weight of T grams, the gain % is:
Therefore, the dealer's gain percentage is .
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