A shopkeeper sells sugar in such a way that the selling price of 950g…

Question

A shopkeeper sells sugar in such a way that the selling price of 950g of sugar is the same s the cost price of 1 kg of sugar. What is his gain percent?

Accepted Answer

Option A. 5 519 \%. Answer & Solution Answer: Option A Solution: & Sell\, sugar & = 950g\, instead\, of\,1000g & Profit\, in\, sugar & = 1000 - 950 = 50g & Now,\,\% \, profit & = 50 × 100 950 = 5 519 \% & & Short - cut: & \% \, profit & = Goods\, left Goods\, sold × 100 & = 50950 × 100 & = 5 519 \%