Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper promises to sell his goods at 44% loss but he uses 30% less weight. Find actual loss %.

Options:

20%

22%

18%

25%

Correct Answer:

20%

Explanation:

Let the CP = 1000

CP for shopkeeper = 1000 × \(\frac{56}{100}\) = 560

But he uses 30% less weight

SP for shopkeeper = 1000 × \(\frac{70}{100}\) = 700

Loss = 700 - 560 = 140

Loss % = \(\frac{140}{700}\) = 20%