Q187
A trader professes to sell his goods at a nominal gain percentage but actually earns 371/2 % profit by using false weight. If for a kg he uses a weight of 800 gm, what is the nominal gain percentage at which he claims to be selling his goods ?
A trader professes to sell his goods at a nominal gain percentage but actually earns % profit by using false weight. If for a kg he uses a weight of 800 gm, what is the nominal gain percentage at which he claims to be selling his goods ?
A.
8%
B.
10%
AnswerC.
15%
D.
20%
Answer: Option B
Solution
Answer: Option B
Solution:
Let the required gain be x%Percentage deduction in weight
Hence, nominal gain percentage = 10%