Profit and Loss Practice Test 4

Question : 14 of 40

Marks: +1, -0

A dishonest grocer sells rice at a profit of 10%and also uses weights which are 20% less than the marked weight. The total gain earned by him will be:

37.5%
40%
30.5%
35%

Validate

Solution:

\table ,\CP ,\SP;\Price, 10 ,11;\Weight ,1000g, 800g

1,000 g rice for = Rs 10
1 g rice for

=10/1000

800 g rice for

=10/1000×80=8

\Profit%={11-8}/8×100=37.5%

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