A Shopkeeper sells his goods at 4% loss. But he uses 44 gm weight instead of 50 gm. Find his actual profit percent.1623%1623%1119%1119%9111%9111%8%
Question
A Shopkeeper sells his goods at 4% loss. But he uses 44 gm weight instead of 50 gm. Find his actual profit percent.1623%1623%1119%1119%9111%9111%8%
Solution
The problem is asking for the actual profit percent of a shopkeeper who sells his goods at a 4% loss but uses a 44 gm weight instead of a 50 gm. Here's how you can solve it:
Step 1: Find the percentage of weight the shopkeeper is cheating by. He should be using a 50 gm weight but is instead using a 44 gm weight. So, the percentage of weight he is cheating by is ((50-44)/50)*100 = 12%.
Step 2: Calculate the actual profit percent. The shopkeeper sells his goods at a 4% loss. However, he is actually making a profit because he is cheating on the weight. The actual profit percent is the percentage of weight he is cheating by minus the loss percent. So, the actual profit percent is 12% - (-4%) = 16%.
So, the shopkeeper's actual profit percent is 16%.
Similar Questions
A shopkeeper sells his goods at a profit of 10%. But he used weight of 800 gm instead of 1000 gm while buying. Find his actual profit.
A dishonest shopkeeper claims to sell goods at cost price but uses a weight of 900 gm for 1 kg. find the percentage profit to the shopkeeper?
trader claims to sell vegetables at a profit of 20% over his cost price. If he uses a false weight and always weighs only 800 gm instead of 1000 gm, what is his overall profit percentage?
A shopkeeper defrauds both the dealer and the customer by measuring weights incorrectly. When he is purchasing items from the dealer, he takes 20% more than the indicated weight and when he is selling them to the customer, he gives 20% less than the indicated weight.If the price that the shopkeeper charges his customer is the same as what the dealer charges the shopkeeper, then what profit percentage does the shopkeeper make?50%30%40%60%None of these
A dishonest seller sells his goods at cost price and uses a fault weight to gain profit. If he measures 800 gms instead of a kilo, find his gain%?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.