Dishonest Dealer

A shopkeeper uses 940 gm weight in place of one kg weight. He sells it at 4% profit. What will be the actual profit percentage? (rounded off to two decimal places)

1. 9.25%   
2. 10.32%  
3. 10.64%   
4. 10.96%

A dishonest dealer sells articles at 15% loss on cost price but uses the weight of 20 g instead of 25 g. What is his profit or loss percentage? Ans

1. 6.25% Profit
2. 6.50% Profit
3. 7.55% Loss
4. 5.25% Loss