A dishonest trader claims to sell at a loss of 16%. However, he uses a false scale and in realty makes a profit of 20%. To what difference does he defraud his customers when he claims to sell 1 kg of an item?

The correct answer is (C);300 gms

A dishonest trader claims to sell at a loss of 16%. However, he uses a false scale and in realty makes a profit of 20%.

List-I	List-II
(A) Confidence level	(I) Percentage of all possible samples that can be expected to include the true population parameter
(B) Significance level	(III) The probability of making a wrong decision when the null hypothesis is true
(C) Confidence interval	(II) Range that could be expected to contain the population parameter of interest
(D) Standard error	(IV) The standard deviation of the sampling distribution of a statistic