A dealer proposes to sell rice at 10 profit at cost price and also gives 800 gms instead of a ...........

Quantitative Aptitude ( CCS) Profit and loss

A dealer proposes to sell rice at 10% profit at cost price and also gives 800 gms instead of a kilogram. What is the profit percentage?

20%

25%

30%

37.5%

Let the C.P of 1000g of Rice = 100 Rs.

So, C.P of 800g Rice = 80 Rs.

S.P of 1000g Rice = 110 Rs. (i.e after having profit of 10%)

Actual C.P (Because Given Quantity is 800g instead of 1000g) = 80 Rs.

P% = (110 - 80)/80 * 100% = 37.5%

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