Profit and Loss Practice Test 4

Question : 32 of 40

Marks: +1, -0

A shopkeeper cheat to the extent of 10%, while buying as well as selling by using false weights.What is his total gain?

Solution:

Required gain% =

({100 +10}/ 100)^ 2 × 100 - 100

= 121 – 100 = 21%

Go to Question:

Prev Question

Next Question