Elitmus
Exam
Numerical Ability
Profit and Loss
a seller by means of a false weight defrauds 10% in buying goods and also defrauds 10% in selling.his gain percent is how much?
Read Solution (Total 4)
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- let suppose sell 1 kg = 1000gm .
when he buy 1 kg he cheat 10 %(given).
i.e actually buy 1100gm.
now , when he sell 1 kg he cheat 10%(given).
i.e sell only 900gm.
now please see in the que it also say that ,
the amount 1 kg is same when he buy and when he sell .
i.e he trade at the same price.(i.e use profit % formula if wieght is known)
profit % = good left/goods sold * 100.
gain % = (1100gm - 900gm)/900gm *100.
gain % = 22.22%(ans) - 7 years agoHelpfull: Yes(8) No(1)
- profit=10+10+(10*10)/100
=21% profit - 7 years agoHelpfull: Yes(4) No(5)
- 100......................110;
100.......................90;
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profit ..................20 on 90;
Therefore profit % =20*90/100 = 22.22% - 7 years agoHelpfull: Yes(1) No(0)
- (2/9)×100=22.2%
- 6 years agoHelpfull: Yes(0) No(0)
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