Civil Service Exam Reviewer · Simple Interest and Profit/Loss · hard
A dishonest vendor claims to sell rice at cost price but uses a weight of 750 g instead of 1 kg. What is his actual percent gain?
- 25%
- 26%
- 33.33%
- 66.67%
Answer
C. 33.33%
Solution
He gives 750 g but charges for 1000 g. Gain = 250/750 × 100 = 33.33%.
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