A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 800 grams for 1 kg. What is his actual profit percentage? MCQ with Answer and Explanation

A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 800 grams for 1 kg. What is his actual profit percentage?
A. 30%
B. 25%
C. 33.33%
D. 20%
Answer: Option B
Solution (By JKSSB Mock Tests)
He gives 800 grams but charges for 1000 grams. Profit = 1000 - 800 = 200 grams. Profit percentage = (200 / 800) * 100 = 25%.

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Practice More Profit And Loss Questions

Question #1
A shopkeeper sells a mobile for Rs. 8000, losing 20%. Find the cost price.
A. Rs. 10000
B. Rs. 10400
C. Rs. 9000
D. Rs. 9600

Correct Answer: Option A


This question belongs to: Maths Profit And Loss
Question #2
A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs. 170?
A. Rs. 280
B. Rs. 220
C. Rs. 260
D. Rs. 240

Correct Answer: Option D


Explanation:
SP = 1.2 * CP = 1.2 * 170 = 204. Marked Price (MP) - 15% of MP = SP. 0.85 * MP = 204. MP = 204 / 0.85 = 240.

This question belongs to: Maths Profit And Loss
Question #3
A trader allows a discount of 40% on the marked price and still gains 20%. If the cost price is Rs. 600, find the marked price.
A. Rs. 1100
B. Rs. 1300
C. Rs. 1200
D. Rs. 1000

Correct Answer: Option C


This question belongs to: Maths Profit And Loss