Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer professes to sell his goods at cost price, but uses 900 gm weight for a kilogram. Find his profit percent.

Options:

9%

$11\frac{1}{9}$%

$10\frac{1}{9}$%

10%

Correct Answer:

$11\frac{1}{9}$%

Explanation:

If the shopkeeper used 900 grams weight instead of that means the cost price of the goods for the shopkeeper is 900 grams

So the profit % = (1000 - 900) × \(\frac{100}{900}\) = $11\frac{1}{9}$%