A shopkeeper sells his goods at cost price but uses a faulty meter that weighs 990 grams. Find the profit percent. Options:
A) 1.05
B) 1.06
C) 1.01
D) 1.08
E) 1.09
Explanation:   (100 + g) / (100 + x) = True measure / Faulty measure   x = 0   true measure = 1000   faulty measure = 990   100 + g / 100 + 0 = 1000 / 990   100+g = 100/99*100   g = 1.01   ANSWER: 1.01
<result>C</result>
A shopkeeper sells his goods at cost price but uses a faulty meter that weighs 990 grams. Find the profit percent.