Aptitude Question:
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A dishonest dealer professes to sell his goods at cost price. But he uses a false weight and thus gains 300/47% for a kg, he uses a weight of
a)940gms
b)947gms
c)953gms
d)960gms

Answer:

300/47%=3/47

so if i buy 47 gms of items costing 1 rs per gram i sell it at the cost of

47+3/47(47)=cost of 50 gms

so ratios between cp and sp is 47:50
940:1000

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