Question
Download Solution PDFA dishonest trader says to customers that he sells his goods at a cost price, but he uses a false weight and gains 12.5% as profit. How many grams does he use to weigh 1 kg?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A dishonest trader says to customers that he sells his goods at a cost price, but he uses a false weight and gains 12.5% as profit.
Formula used:
Gain % = [(Error)/(True value – Error)] × 100
Calculation:
According to the formula,
12.5 % = [Error/(1000 – Error)] × 100
⇒ 1/8 = [Error/(1000 – Error)]
⇒ 8Error = (1000 – Error)
⇒ 8Error + Error = 1000
⇒ 9Error = 1000
⇒ Error = 1000/9
So, the trader gives 1000 - 1000/9
⇒ [9(1000) - 1000]/9
⇒ (9000 - 1000)/9
⇒ 8000/9
⇒ 888.8 g
∴ He uses 888.8 g to weigh 1 kg.
Shortcut Trick
We know 12.5% = 1/8
So, the trader instead if giving 9 unit gives only 8 unit (12.5% as profit by false wight)
So, 9 unit → 1000g
Then, 8 unit → 1000/9 × 8 = 888.8 g
Last updated on Jul 15, 2025
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