Profit & Loss · Question 9 · Medium
A dishonest grocer sells rice at cost price but uses a 900 g weight in place of 1 kg. What is his profit percentage?
- 10%
- 9 1/11%
- 12 1/2%
- 11 1/9%
Answer and explanation
Answer: D. 11 1/9%
Explanation: He charges for 1000 g but gives 900 g, gaining 100 g on 900 g. Profit% = 100/900 × 100 = 11 1/9%.
Previous: Nikhil sells two phones for ₹9,900 each. On one he gains 10% and on the other… · Next: Selling a watch for ₹1,140 results in a 5% loss. At what price should it be…
Practise profit & loss
Try a fresh set of profit & loss questions with an explanation after every answer, free and without signing up: Profit & Loss practice. Or sit a full placement mock test.
More profit & loss questions
- A mixer grinder marked at ₹2,500 is sold after successive discounts of 20% and…
- A shopkeeper marks his goods 40% above cost price and then gives a 10%…
- Nikhil sells two phones for ₹9,900 each. On one he gains 10% and on the other…
- Selling a watch for ₹1,140 results in a 5% loss. At what price should it be…
- By selling an article at 3/4 of its usual price, a trader loses 10%. What is…
- A sells a cycle to B at a profit of 20%. B sells it to C at a loss of 10%. If…
- A shopkeeper sells an item at a loss of 12%. Had he sold it for ₹180 more, he…
- A fruit seller buys apples at 4 for ₹15 and sells them at 5 for ₹24. What is…
- A trader wants to earn 22.5% profit even after allowing a 12.5% discount. By…
- A bookseller buys a dictionary for ₹750 and sells it for ₹690. What is his…
More quantitative aptitude practice
Simple & Compound Interest · Ratio & Proportion · Averages · Problems on Ages · Mixtures & Alligation · Time & Work · Pipes & Cisterns · Time, Speed & Distance
LogicWiz Exams home · All practice topics · Placement mock tests · Daily 10 challenge