Question : A dishonest dealer professes to sell his goods at a cost price but he uses 950 gm weight for a kilogram. His gain percentage is: (rounded off to two decimal places)
Option 1: 5.35%
Option 2: 5.26%
Option 3: 5.86%
Option 4: 5.96%
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Correct Answer: 5.26%
Solution : There is a profit of 50 grams on 950 grams. By using the formula: Profit % = $\frac{\text{Profit}}{\text{CP}}$ × 100 = $\frac{50}{950}$ × 100 = 5.26 Hence, the correct answer is 5.26%.
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Question : A dishonest dealer professes to sell his goods at cost price but uses a false weight and thus gains 15%. For a kilogram, he uses a weight of _________ (rounded off to one digit after decimal).
Option 1: 833.3 gm
Option 2: 876.7 gm
Option 3: 869.6 gm
Option 4: 898.33 gm
Question : A dishonest shopkeeper professes to sell goods at its cost price but uses a false weight of 950 gm for each kilogram. His gain percentage is:
Option 1: $6\frac{1}{4}\%$
Option 2: $5\frac{5}{19}\%$
Option 3: $5\frac{3}{17}\%$
Option 4: $6\frac{2}{7}\%$
Question : A dishonest dealer sells the goods at a 7% loss on cost price but uses 18% less weight. What is his percentage of profit?(Correct to 2 decimal places)
Option 1: 25.65%
Option 2: 12.82%
Option 3: 28.75%
Option 4: 13.41%
Question : A dishonest dealer sells a product at an 11% loss on cost price but uses 22% less weight. What is his percentage profit or loss?
Option 1: 14.1% loss
Option 2: 14.1% gain
Option 3: 11.4% gain
Option 4: 11.4 % loss
Question : A dishonest merchant sells goods at a 12.5% loss on the cost price but uses 28 g weight instead of 36 g. What is his percentage profit or loss?
Option 1: 6.25% loss
Option 2: 12.5% gain
Option 3: 18.75% gain
Option 4: 10.5% loss
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