Question : A dishonest shopkeeper sells mangoes at INR 30 per kg, bought at INR 20 per kg, and he is giving 800 g instead of 1 kg. The shopkeeper's actual profit percentage is:
Option 1: 75%
Option 2: 37.5%
Option 3: 50%
Option 4: 87.5%
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 87.5%
Solution : Given: The cost price is INR 20 per kg. The selling price is INR 30 per kg. So, the profit percentage if he sold 1 kg $=\frac{10}{20}\times 100 = 50$% Now, the gain as a result of the incorrect weight: $=\frac{\text{Error}}{\text{True weight – Error}}\times 100$ $=\frac{200}{1000 – 200}\times 100$ $=\frac{200}{800}\times 100$ $= 25$% The actual profit percentage: $=P_{1}+P_{2}+\frac{P_{1}\times P_{2}}{100}$ $=50 + 25 + \frac{50\times 25}{100}$ $=75 + 12.5$ $=87.5$% Hence, the correct answer is 87.5%.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : A dishonest shopkeeper sells millet at 20 per kg, which he has bought at 16 per kg, and he is giving 800 gm instead of 1000 gm. Find his actual profit percentage.
Question : The price of rice is decreased by 25% and therefore a person can purchase 30 kg more rice in the same expenditure. If the expenditure is INR 5,400, then what was the original price of rice per kg?
Question : A dishonest dealer sells articles at a 15% loss on cost price but uses the weight of 20 g instead of 25 g. What is his profit or loss percentage?
Question : Ram sells a suitcase to Mohan at a 20% profit. Mohan sells it to Shyam at a 40% profit. If Shyam pays INR 1,430 for it, then the price at which Ram bought it is:
Question : A shopkeeper bought 20 kg of rice at Rs. 55 per kg, 25 kg at Rs. 50 per kg and 35 kg of rice at Rs. 60 per kg. He spent a sum of Rs. 150 on transportation. He mixed all three types of rice and sold all the stock at Rs. 62.56 kg. His profit percent in the
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile