Question
Download Solution PDFA dealer uses a scale of 90 cm instead of a metre scale and claims to sell at a cost price. What is his gain%?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Used scale = 90 cm
Actual length = 100 cm (1 metre)
Claims to sell at cost price.
Formula Used:
Gain = Actual length - Used scale
Gain% = (Gain / Used scale) × 100
Calculations:
Gain = 100 - 90 = 10 cm
Gain% = (10 / 90) × 100 %
⇒ Gain = 100 / 9%
∴ His gain% is 100/9%.
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