Profit and Loss Practice Test 6

Question : 20 of 40

Marks: +1, -0

A dishonest dealer uses a scale of 90 cm instead of meter scale and claims to sell at cost price. What is his profit per cent?

Solution:

Required profit %

= {100- 90}/ 90 × 100

= 10 /90 ×100 = 11 1 /9 %

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