A dishonest dealer professes to sell his goods at cost price, but uses a 750 gram weight for 1 kg. Find his gain percentage. MCQ with Answer and Explanation

Question

A dishonest dealer professes to sell his goods at cost price, but uses a 750 gram weight for 1 kg. Find his gain percentage.

A. 30%

B. 33.33%

C. 25%

D. 20%

Answer: Option B

Solution (By JKSSB Mock Tests)

Goods given = 750g. Goods charged for = 1000g. Gain = 250g. Gain percentage = (250 / 750) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader marks his goods 50% above cost and gives a discount of 40%. What is his profit or loss percent?

A. No profit no loss

B. Loss 5%

C. Loss 10%

D. Profit 10%

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Correct Answer: Option C

Explanation:
Let CP = 100, MP = 150, SP = 150*0.6 = 90, loss = 10%.

This question belongs to: Maths Profit And Loss

Question #2

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The cost price of 15 articles is equal to the selling price of 12 articles. Find the gain percent.

A. 25%

B. 15%

C. 30%

D. 20%

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Correct Answer: Option A

Explanation:
Let CP of 1 = 1, CP of 15 = 15, SP of 12 = 15 => SP of 1 = 15/12 = 1.25, gain = 25%.

This question belongs to: Maths Profit And Loss

Question #3

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A person buys 3 pens for Rs. 15 and sells 2 pens for Rs. 12. What is the profit percentage?

A. 20%

B. 15%

C. 25%

D. 30%

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Correct Answer: Option A

Explanation:
CP per pen = 15/3 = 5. SP per pen = 12/2 = 6. Profit = 1, profit% = 1/5*100 = 20%.

This question belongs to: Maths Profit And Loss

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