Multiple Choice Questions on A retailer cheats his wholesaler and customer both He purchases 19 more from the wholesaler and sell........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A retailer cheats his wholesaler and customer both He purchases 19 more from the wholesaler and sell...........

Quantitative Aptitude ( CCS) Profit and loss
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    A retailer cheats his wholesaler and customer both. He purchases 19% more from the wholesaler and sells 15% less while selling to its customer. What is profit percentage by selling the goods at cost price?

    35%

    Incorrect Answer

    40%

    Correct Answer

    42%

    Incorrect Answer

    46%

    Incorrect Answer
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    Explanation:

    Tota profit percentage = (119 x 100/85) - 100

    = 3400/85 = 40%

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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