A seller professes to sell his fruits at cost price but still gains \(5\frac{5}{19}\)%. How much does he give for 1 kg?

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SSC CGL 2023 Tier-I Official Paper (Held On: 20 Jul 2023 Shift 2)
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  1. 905 gm
  2. 5 gm
  3. 900 gm
  4. 950 gm

Answer (Detailed Solution Below)

Option 4 : 950 gm
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Detailed solution:- 

Let us assume the dealer purchases 1000 gm at Rs. 1000

Let the dealer sell N gm at Rs. 1000

Gain percentage = (100/19)%

Then,

⇒ 100/19 = [(1000 - N)/N] × 100

⇒ N = 19000 - 19N

⇒ 20N = 19000

⇒ N = 950

∴ He uses a weight of 950 gm.
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