Q439
A dealer sells his goods at a profit of 20%, but uses a weight of 800 g in place of a kg weight. Find his real gain percentage.
A.
40%
B.
44%
C.
50%
AnswerD.
42%
Answer: Option C
Solution
Answer: Option C
Solution:
Selling price of 800 g goods with 20% profit Cost price of 800 g goods = Rs. 800
Gain = Selling price - Cost price = 1200 - 800 = 400
∴ His real gain percentage is 50%