Multiple Choice Questions on A dishonest shopkeeper uses a weight of 800 gm for a kg and professes to sell his good at cost price........... for Study NOtes Preparation

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Multiple Choice Questions

A dishonest shopkeeper uses a weight of 800 gm for a kg and professes to sell his good at cost price...........

Quantitative Aptitiude (CLAT) Profit and loss
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    A dishonest shopkeeper uses a weight of 800 gm for a kg and professes to sell his good at cost price. His profit is

    20%

    Incorrect Answer

    21%

    Incorrect Answer

    24%

    Incorrect Answer

    25%.

    Correct Answer
    Explanation:

    Let the cost price be Rs. 1000 per kilogram and shopkeeper buys 800 grams.
    The CP of shopkeer is Rs. 800 and he sells this at Rs. 1000 claiming it to be 1000 grams
    Profit %age =1000 − 800/800× 100 = 25%

    By: Amit Kumar
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