Profit and Loss Practice Test 4

Question : 25 of 40

Marks: +1, -0

A seller uses 920 g in place of one kg to sell his goods. When he sells his articles at 15% gain on the cost price, the actual percentage of profit is:

Validate

Solution:

et the CP of 1,000 g goods = Rs 100
Let the CP of 1 g of goods

= 100/1000

Let the CP of 920 g of goods

= 100/1000× 920

= Rs 92
Sale price

=100+15/100×15=115

His gain per cent

={115-92}/92×100=25%

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