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. 20%

B. 25%

C. 33.33%

D. 30%

Answer: Option C

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 shopkeeper sells a book for Rs. 360, losing 10%. What is the cost price?

A. Rs. 420

B. Rs. 400

C. Rs. 380

D. Rs. 390

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Correct Answer: Option B

Explanation:
CP = 360 / 0.9 = 400.

This question belongs to: Maths Profit And Loss

Question #2

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A trader sells an article at a 15% profit. If he buys it at 10% less and sells it for Rs. 4 less, he still makes a 25% profit. Find the original cost price.

A. Rs. 200

B. Rs. 150

C. Rs. 160

D. Rs. 180

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Correct Answer: Option C

Explanation:
Let initial Cost Price = 100x. Initial Selling Price = 115x. New Cost Price = 90x. New Selling Price = 90x * 1.25 = 112.5x. Difference = 115x - 112.5x = 2.5x. 2.5x = 4. x = 1.6. Cost Price = 100 * 1.6 = 160.

This question belongs to: Maths Profit And Loss