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 man buys a book for Rs. 150 and sells it for Rs. 180. What is the gain percent?

A. 15%

B. 20%

C. 25%

D. 18%

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Correct Answer: Option B

Explanation:
Gain = 30, gain% = 30/150*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper bought an article for Rs. 500 and sold it for Rs. 600. What is his profit percentage?

A. 25%

B. 15%

C. 10%

D. 20%

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Correct Answer: Option D

Explanation:
Profit = Selling Price (SP) - Cost Price (CP) = 600 - 500 = 100. Profit Percentage = (Profit / CP) * 100 = (100 / 500) * 100 = 20%.

This question belongs to: Maths Profit And Loss

Question #3

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If the cost price of an article is Rs. 250 and the selling price is Rs. 200, what is the loss percentage?

A. 15%

B. 30%

C. 25%

D. 20%

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Correct Answer: Option D

Explanation:
Loss = 50, loss% = 50/250*100 = 20%.

This question belongs to: Maths Profit And Loss

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