A grocer professes to sell rice at the cost price, but uses a fake weight of 870 g for 1 kg. Find his profit percentage
A grocer professes to sell rice at the cost price, but uses a fake weight of 870 g for 1 kg. Find his profit percentage (correct to two decimal places). Optionsa) 14.94 %b) 15.11 %c) 18.21 %d) 11.11 % Solution As per questionSP = 1000 gCP = 870 gP% = $ \frac{SP-CP}{CP} \times 100$%P% = $ […]