Profit and loss

Quantitative Aptitiude (CLAT)

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A dishonest shopkeeper uses a weight of 800 gm for a kg and professes to sell his good at cost price. His profit is

20%

21%

24%

25%.

Explanation:

Let the cost price be Rs. 1000 per kilogram and shopkeeper buys 800 grams.
The CP of shopkeer is Rs. 800 and he sells this at Rs. 1000 claiming it to be 1000 grams
Profit %age =1000 − 800/800× 100 = 25%

By: Amit Kumar

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