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Profit and Loss Practice Test 4
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© examsnet.com
Question : 14
Total: 40
A dishonest grocer sells rice at a profit of 10%and also uses weights which are 20% less than the marked weight. The total gain earned by him will be:
37.5%
40%
30.5%
35%
Validate
Solution:
CP
SP
Price
10
11
Weight
1000
g
800
g
1,000 g rice for = Rs 10
1 g rice for
=
10
1000
800 g rice for
=
10
1000
×
80
=
8
Profit
%
=
11
−
8
8
×
100
=
37.5
%
© examsnet.com
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