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Home Aptitude Profit and Loss Comments

  • Question
  • A dishonest dealer professes to sell his goods at cost price but he uses a weight of 920 g for 1 kg weight. Find his gain per cent


  • Options
  • A. 716/23 %
  • B. 816/23 %
  • C. 516/23 %
  • D. 316/23 %

  • Correct Answer
  • 816/23 % 

    Explanation

    According to the formula,
    Gain% = [Error / (True value - Error)] x 100%
    = [80/(100 - 80)] x 100%
    = (80/920) x 100%
    = 816/23 %


  • Profit and Loss problems


    Search Results


    • 1. 
      A dishonest dealer sells his goods at 10% loss on cost price and uses 30% less weight. What is his profit or loss per cent?

    • Options
    • A. 284/7 % loss
    • B. 283/7 % gain
    • C. 283/7 % loss
    • D. 284/7 % gain
    • Discuss
    • 2. 
      A trader sells wheat at 20% profit and uses weight 20% less than the actual measure. His gain per cent is?

    • Options
    • A. 35%
    • B. 38%
    • C. 48%
    • D. 50%
    • Discuss
    • 3. 
      A dishonest dealer sells his goods at 10% loss on cost price but uses 20% less weight. What is his profit or loss per cent?

    • Options
    • A. 12% loss
    • B. 22.5% gain
    • C. 13.9% loss
    • D. 12.5% gain
    • Discuss
    • 4. 
      If the cost of price of 16 pens is equal to the selling price of 12 pens, then the gain or loss per cent is

    • Options
    • A. 331/3%
    • B. 25% gain
    • C. 25% loss
    • D. 331/3% loss
    • Discuss
    • 5. 
      By selling 100 pens, a shopkeeper gains the selling price of 40 pens. Find his gain percent.

    • Options
    • A. 4.47%
    • B. 6.67%
    • C. 8.8%
    • D. 5.59%
    • Discuss
    • 6. 
      A dealer sells goods at 4% loss on cost price but he uses 28 g instead of 32 g. What is his per cent profit or loss?

    • Options
    • A. 95/7 % gain
    • B. 143/7 % loss
    • C. 163/7 % gain
    • D. 163/7 % loss
    • Discuss
    • 7. 
      If the cost price of 20 articles is equal to the selling price of 15 articles, find the profit per cent.

    • Options
    • A. 331/2 %
    • B. 331/3 %
    • C. 331/5 %
    • D. 331/7 %
    • Discuss
    • 8. 
      A furniture seller sells two tables ? 1500 each. He earned a profit of 20% on one table and suffered a loss of 20% on the another table. Net profit or loss in this deal is

    • Options
    • A. 4% loss
    • B. 4% profit
    • C. Neither profit nor loss
    • D. 10% loss
    • Discuss
    • 9. 
      If an article is sold at a gain of 6% instead of at loss of 6%, then the seller gets ? 6 more. The cost price of the article is

    • Options
    • A. ? 106
    • B. ? 50
    • C. ? 94
    • D. ? 100
    • Discuss
    • 10. 
      A man sold two houses for ? 96000 each. In the sale of the first house, he incurred 20% profit and in the sale of the second, he incurred 20% loss. what is the gain or loss percentage in total?

    • Options
    • A. 6% gain
    • B. 6% loss
    • C. 4% gain
    • D. 4% loss
    • Discuss


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