GRE
Exam
Numerical Ability
Percentage
a trader claims to sell his goods at a loss of 8% but weighs 900gms in place of kg weight find the real loss or gain percent?
Read Solution (Total 4)
-
- (100+G)/(100-L)=1000/900
L=8
G=?
put the values
g=2.22% pr0fit - 12 years agoHelpfull: Yes(5) No(3)
- let CP of 1kg/1000g =Rs100
SP of claimed 1kg=SP of actual 900g=Rs 92 ( loss of 8% )
Hence SP of actual 1Kg=Rs (92*1000/900)=102.2222
therefore gain= SP-CP= 2.22% gain. - 12 years agoHelpfull: Yes(4) No(1)
- let 1 kg costs Rs.1000.
So Loss of 8% means selling at 920.
therefore profit%= (s.p-c.p)*100/c.p
so 20/9=2.22 - 12 years agoHelpfull: Yes(4) No(1)
- 2.22% profit
- 12 years agoHelpfull: Yes(0) No(2)
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