Question : A grocer claims that he is selling sugar at Rs. 48/kg, which costs him Rs. 50/kg, but he is giving 900 g instead of 1000 g. What will be the approximate percentage profit?
Option 1: 7.5%
Option 2: 5.5%
Option 3: 8.5%
Option 4: 6.7%
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: 6.7%
Solution : The rate at which the shopkeeper bought the sugar packet = Rs. 50/ kg The rate at which the shopkeeper sold the sugar packet = Rs. 48/ kg Weight of sugar packet he claims to sell = 1000 g = 1 kg Actual weight of sugar packet = 900 g = 0.9 kg Selling Price (SP) of one packet according to 1 kg of weight, $SP$ = Rs. 48 Cost Price (CP) of 0.9 kg sugar packet, CP = 50 × 0.9 = Rs. 45 Profit percentage = $\frac{SP-CP}{CP}\times 100$ = $\frac{48-45}{45}\times 100$ = $6.7$% Hence, the correct answer is 6.7%.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : Ramesh claims that he is selling onions at Rs. 36 per kg, which costs him Rs. 40 per kg, but he gives 800 grams instead of 1 kg. Find Ramesh’s percentage of gain or loss.
Question : In what ratio should sugar costing Rs. 40 per kg be mixed with sugar costing Rs. 48 per kg to earn a profit of 20% by selling the mixture at Rs. 54 per kg?
Question : Due to a price hike of 20%, 4 kg less sugar is available for Rs. 120. What is the initial price per kg of sugar?
Question : If sugar costs Rs. 12 per kg and Rs. 7 per kg, what proportion must a grocer mix them in to make a mixture worth Rs. 8 per kg?
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:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile