Multiple Choice Questions on A shopkeeper takes 12 profit on his goods He lost 22 goods during theft His loss percentage is ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

A shopkeeper takes 12 profit on his goods He lost 22 goods during theft His loss percentage is ........

Quant (SSC) Profit and loss
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    A shopkeeper takes 12% profit on his goods.He lost 22% goods during theft.His loss percentage is

    12.56

    Incorrect Answer

    12.55

    Incorrect Answer

    12.64

    Correct Answer

    12.60

    Incorrect Answer
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    Explanation:

    Let no of goods = 100
    CP of each item Rs.1,
    then total cost = Rs.100
    No of item theft = 22
    Remaining item = 78
    Profit 12%, SP = 1.12 each item
    Total sale = 78 ×1.12 = 87.36
    Loss = 100 – 87.36 = 12.64

    By: Amit Kumar
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