A dishonest grocer claims to sell his goods at a 10% profit but uses a weight of 800 grams instead of 1 kg. What is his actual profit percentage? MCQ with Answer and Explanation

Question

A dishonest grocer claims to sell his goods at a 10% profit but uses a weight of 800 grams instead of 1 kg. What is his actual profit percentage?

A. 40%

B. 30%

C. 37.5%

D. 35%

Answer: Option C

Solution (By JKSSB Mock Tests)

Cost Price of 800g = Rs. 800. Selling Price for 1000g claimed at 10% profit = Rs. 1100. Profit = 1100 - 800 = 300. Actual profit percentage = (300 / 800) * 100 = 37.5%.

This question belongs to: Maths Profit And Loss

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Question #1

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A man sells an item for Rs. 570, gaining 14%. Find the cost price.

A. Rs. 540

B. Rs. 500

C. Rs. 480

D. Rs. 520

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Correct Answer: Option B

Explanation:
CP = 570 / 1.14 = 500.

This question belongs to: Maths Profit And Loss

Question #2

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If the cost price of an article is Rs. 150 and the selling price is Rs. 180, what is the profit percentage?

A. 25%

B. 18%

C. 20%

D. 15%

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Correct Answer: Option C

Explanation:
Profit = 30, profit% = 30/150*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper sells a fan for Rs. 900, gaining 12.5%. Find the cost price.

A. Rs. 820

B. Rs. 780

C. Rs. 800

D. Rs. 840

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Correct Answer: Option C

Explanation:
CP = 900 / 1.125 = 800.

This question belongs to: Maths Profit And Loss

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