Profit and loss

Quantitative Aptitude (CHSL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A trader sold his goods at 20% profit and along with this he used weights of 800 gm instead of 1 kg. Find his total profit%.

40%

45%

50%

55%

Profit is 20%. So
1000 gm + 20% of 1000 gm = 1200 gm
so CP of 1200 gm = SP of 800 gm
Sp profit% = (1200-800)/800 * 100 = 50%

Hence, option 3 is the correct answer.