Question Details

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:

Options

A

5519%

B

5517%

C

7519%

D

5319%

Show Answer

Correct Answer :

Option A

5519%

Solution :

The correct answer is 5519%

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).

Gain % = Gain Cost Price × 100

Gain % = 50 950 × 100

Gain % = 5000 950

Gain % = 100 19

Step 4: Convert to Mixed Fraction
Dividing 100 by 19:
19 × 5 = 95, Remainder = 100 - 95 = 5

100 19 = 5 5 19

Shortcut Formula:
When a false weight of W grams is used instead of the true weight of T grams, the gain % is:

Gain % = T-W W × 100

Gain % = 1000-950 950 × 100 = 50 950 × 100 = 5 5 19 %

Therefore, the dealer's gain percentage is 5519%.

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