SSC CGL Model Paper 3

Question : 75 of 100

Marks: +1, -0

A dishonest dealer defrauds to the extent of 10% in buying and 20% in selling and claims that he earns only 10% profit what will be the gain percent on his outlay.

51.25%
37.5%
43.75%
45.2%

Validate

Solution:

Let dealer purchased 1 kg {1000gm} in Rs 1000
In 1st case instead of 1 kg he obtained 1100 gm
In Ilnd case he sell 800gm instead of 1000 gm
He save 300 gm
IIIrd case he claims 10% profit 1
So, when he sale 1100 gm
Selling price is

= 1100 ×110/100 = 1210

Article cost 800gm = 800 Rs
Selling price = 1210 Rs
Required profit percentage

=[{1210-800}/800]×100

=410/800×100=51.25%

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