Multiple Choice Questions on A cloth merchant says that due to slump in the market he sells the cloth at 10 loss but he uses a fa........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A cloth merchant says that due to slump in the market he sells the cloth at 10 loss but he uses a fa...........

Quantitative Aptitude ( CCS) Profit and loss
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    A cloth merchant says that due to slump in the market, he sells the cloth at 10% loss but he uses a false metre scale and actually gains 15%. Find the actual length of the scale.

    72.4 cm

    Incorrect Answer

    71.34 cm

    Incorrect Answer

    78.25 cm

    Correct Answer

    None of these

    Incorrect Answer
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    Explanation:

    Here cp is not equal to sp because he sell the cloth at 10% loss,

    100 + G/100 + x = true scale / false scale,

    Here, overall gain G = 15 % and loss x = -10% (-ve for loss)

    100 + 15 / 100 - 10 = 100/L = 90/115 x 100

    = 78.25 cm.

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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