Multiple Choice Questions on A shopkeeper gains the cost of 8 metres of thread by selling 40 metres of thread Find his gain per c........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A shopkeeper gains the cost of 8 metres of thread by selling 40 metres of thread Find his gain per c...........

Quantitative Aptitude ( CCS) Profit and loss
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    A shopkeeper gains the cost of 8 metres of thread by selling 40 metres of thread. Find his gain per cent.

    19%

    Incorrect Answer

    20%

    Correct Answer

    22%

    Incorrect Answer

    None of these

    Incorrect Answer
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    Explanation:

    m = 48, n = 40

    Gain % = m-n/n x 100

    = 48 - 40/40 x 100 

    8/40 x 100 = 20%

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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