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Numerical Ability
Profit and Loss
A dealer professing to sell his goods at cost price, uses a 900 gm weight for a kilogram. His gain percent is :
a. 9
b. 10
c. 11
d. 11 1/9
Read Solution (Total 5)
-
- ((100/(1000-100))*100)%
=(100/9) - 9 years agoHelpfull: Yes(2) No(0)
- formula is: error/(truevalue-error)*100
so 100/(1000-100)*100==>100/900*100
ans 11 1/9 - 9 years agoHelpfull: Yes(2) No(2)
- profit =1000-900=100
so percentage profit=100*100/900=11 1/9 - 8 years agoHelpfull: Yes(0) No(1)
- option (d)
- 7 years agoHelpfull: Yes(0) No(0)
- let legally 1000g costs 20 rupees
=> cost of 1 gm = 1000/20 = 50 rupees
now, illegally he gets 20 rupees for 900gm
=> cost of 1 gm now = 900/20 = 45
So his gain on 1 gm = (50-45)/50 * 100 = 10 - 5 years agoHelpfull: Yes(0) No(1)
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