What is his Profit or Loss Percent? If

A dishonest dealer sells his goods at 10% loss on cost price but uses 20% less weight. What is his profit or loss percent?

  1. 12% loss
  2. 22.5% gain
  3. 13.9 % loss
  4. 12.5 % gain
vijay Professor Asked on 1st August 2015 in Maths.
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  • 1 Answer(s)

    Answer: (3) 12.5 % gain

    Explanation:-
    Let the C . P . of 1 kg goods be Rs.  X.
    Let us consider the packet of goods marked 1 kg.
    He uses 20 % less weight of goods,
    Then, the actual weight = 1 x 80/100 = 08. kg

    The C P of 0.8 kg  = Rs. 0.8 X.
    He get 10 % loss,
    Then, Selling price of 1 kg goods = 90 % the C P of 1 kg goods.
    = X 90/100
    = Rs.0.9 X

    Profit = 0.9 – 0.8
    = 0.1 X

    Then, Profit % = 0.1 x 100/0.8
    = 100/8
    = 12.5 %

    Then, the profit percent is 12.5 %.

    Hence, the answer is (3) 12. 5 %.

    Anurag Mishra Professor Answered on 9th August 2015.
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