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Discussion :: Profit and Loss

  1. A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is:
    2. A.
    9
    B.
    10
    C.
    11
    D.
    11 1/9

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    Answer : Option D

    Explanation :

    Gain % = {Error/(True value - error) × 100} % 


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