Question
Download Solution PDFA 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).
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A dishonest dealer professes to sell his goods at cost price but uses a false weight and thus gains 15%.
Concept used:
Profit% =
Calculation:
Let the price of 1 gm of the article be Rs. 1.
Let's suppose, he uses the weight of Q gm for 1 kilogram.
Cost price of Q gm = Q × 1 = Rs. Q
Selling price of Q gm = 1000 × 1 = Rs. 1000
According to the concept,
⇒ 15Q = 100000 - 100Q
⇒ 115Q = 100000
⇒ Q = 100000/115
⇒ Q = 869.56
⇒ Q ≈ 869.6
∴ For a kilogram, he uses a weight of 869.6 gm.
Shortcut Trick
In terms of price the dealer sells at CP, then CP : SP = 1 : 1, at the end gain 15% through faulty weight,
Customer get | Customer paid | |
In price | 1 | 1 |
In weight | x | y |
Net profit | 20 | 23 |
So, x : y = (23 × 1)/(20 × 1) = 23 : 20
Now, 23 unit → 1000 g then, 20 unit → 1000/23 × 20 = 869.6 g
Last updated on Jul 19, 2025
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