Multiple Choice Questions on A trader sold his goods at 20 profit and along with this he used weights of 800 gm instead of 1 kg F........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A trader sold his goods at 20 profit and along with this he used weights of 800 gm instead of 1 kg F...........

Quantitative Aptitude ( CCS) Profit and loss
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    A trader sold his goods at 20% profit and along with this he used weights of 800 gm instead of 1 kg. Find his total profit%.

    40%

    Incorrect Answer

    45%

    Incorrect Answer

    50%

    Correct Answer

    55%

    Incorrect Answer
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    Explanation:

    Solution: 
    Profit is 20%. So
    1000 gm + 20% of 1000 gm = 1200 gm
    so CP of 1200 gm = SP of 800 gm
    Sp profit% = (1200-800)/800 * 100 = 50%

    By: Pranav Gupta
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