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 35% less weight. Find his profit percent.

Options:

58%

51%

53.84%

55.08%

Correct Answer:

53.84%

Explanation:

1000 gm.           650 gm.

               -35%          ← (less weight)

 

Profit = 350 grams

Profit percentage = \(\frac{350}{650}\) × 100 = 53.84%