Curioustab

Home » Aptitude » Profit and Loss

A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is?

9
10
11
111/9

Correct Answer: 111/9

Explanation:

Gain% = {Error / (True value - Error)} x 100 %
= (100/900) x 100) %
= 11¹/₉%

← Previous Question Next Question→

More Questions from Profit and Loss

A dealer sold two T.V. sets for Rs. 3700 each. on one he gained 10% and one other he lost 10%. The dealer's loss or gain per cent is?
A man sold two houses for Rs. 7.81 lakhs each. On one he gained 5% and on the other he lost 5%. What percent is the effect of the sale on the whole?
Pofit after selling commodity for Rs. 425 is same as loss after selling it for Rs. 355. The cost of the commodity is?
If two mixers and one T.V. cost Rs. 7000, while two T.V.s and one mixer cost Rs. 9800. The value of one T.V. is?
The cost price of an article, which on being sold at a gain of 10% yields Rs. 6 more than when it is sold at a loss of 10% is?
An umbrella marked at Rs. 80 is sold for Rs. 68. The rate of discount of?
The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price. In this kind of sale, the seller?
A dealer marks his goods 20% above cost price. He then allows some discount on it and markets a profit of 8%. The rate of discount is?
By selling an article for Rs. 144, a man gained such that the percentage gain equal the cost price. The C.P. of the article is?
A man purchases an electric heater whose printed price is Rs. 160. If he received two successive discounts of 20% and 10% he paid?

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion