MBA
Exam
A dishonest dealer claims to sell a product at its cost price. He uses a
counterfeit weight which is 20% less than the real weight. Further
greed overtook him and he added 20% impurities to the product. Find the
net profit percentage of the dealer?Does anyone know of a sure-shot approach to questions like this? 1) 40 2) 44 3) 50 4) 56.25
Read Solution (Total 1)
-
- 50%
suppose he buys 100 kg product for Rs 100. converted it to 120 kg by ( free impurities)
Due to counterfeit weights, he is selling 80 kg material for Rs 100 and
120 kg material for 120*100/80 = Rs 150.
so profit = 50 % - 11 years agoHelpfull: Yes(4) No(0)
MBA Other Question
A shoe store routinely sells shoes for 50% more than its cost. At the end of each season, it clears out the remaining stock by selling it at 10% below cost. If a pair of shoes regularly sold for Rs75, what would you pay for them at the end-of-season sale?1. Rs 67.502. Rs 37.503. Rs 45.004. Rs 101.25 1) 1 2) 2 3) 3 4) 4
Consider a sequence –6, –12, 18, 24, –30, –36, 42,...... If sum of the first n terms of the sequence is 132, then the value of n is ___? 1) 11 2) 22 3) 13 4) 18 5) None of These