Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dishonest shopkeeper promises to sell his goods at its Cost Price . But he uses 55% less weight. Find his profit percent.

Options:

110%

52%

130%

122%

Correct Answer:

122%

Explanation:

1000 gm.           450 gm.

               -55%          ← (less weight)

 

Profit = 550 grams

Profit percentage = \(\frac{550}{450}\) × 100 = 122%