Profit and loss

Quantitative Aptitude (HP Allied)

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A shopkeeper sold his article at cost price but he uses false weight and gives 400gm instead of 600gm. Find his loss or profit percent?

62%

40%

50%

30%

Explanation:

(600-400)/400 *100 = 200/400 * 100=50%

Hence, option 3 is the correct answer.

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