Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A seller uses faulty weight in place of a 2 kg weight and earns a 25% profit. He claims that he is selling on the cost price in front of the customers but uses a faulty weight. How much error is there in the 2 kg weight to gain 25%?

Options:

250 g

400 g

500 g

300 g

Correct Answer:

400 g

Explanation:

Profit of 25 % = C.P : S.P = 4 : 5

Here,

5 unit = 2000 gm

1 unit = 400 gm