Multiple Choice Questions on A cloth merchant uses 120cm scale while buying instead a meter scale but uses an 80 cm scale while s........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A cloth merchant uses 120cm scale while buying instead a meter scale but uses an 80 cm scale while s...........

Quantitative Aptitude ( CCS) Profit and loss
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    A cloth merchant uses 120cm scale while buying,instead a meter scale ,but uses an 80 cm scale while selling the same cloth. If he offers a discount of 20% on cash payment. Find the profit percent.

    40%

    Incorrect Answer

    35%

    Incorrect Answer

    20%

    Correct Answer

    15%

    Incorrect Answer
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    Explanation:

    Solution:
    After discount = (80 * 120)/100 = 96
    Profit = 96 – 80 = 16
    Therefore , Profit% = (16*100)/80 = 20%

    By: Pranav Gupta
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