Examsnet
Unconfined exams practice
Home
Exams
Banking Entrance Exams
CUET Exam Papers
Defence Exams
Engineering Exams
Finance Entrance Exams
GATE Exam Practice
Insurance Exams
International Exams
JEE Exams
LAW Entrance Exams
MBA Entrance Exams
MCA Entrance Exams
Medical Entrance Exams
Other Entrance Exams
Police Exams
Public Service Commission (PSC)
RRB Entrance Exams
SSC Exams
State Govt Exams
Subjectwise Practice
Teacher Exams
SET Exams(State Eligibility Test)
UPSC Entrance Exams
Aptitude
Algebra and Higher Mathematics
Arithmetic
Commercial Mathematics
Data Based Mathematics
Geometry and Mensuration
Number System and Numeracy
Problem Solving
Board Exams
Andhra
Bihar
CBSE
Gujarat
Haryana
ICSE
Jammu and Kashmir
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Tamil Nadu
Telangana
Uttar Pradesh
English
Competitive English
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Careers
Contact Us
Our Apps
Privacy
Test Index
Profit and Loss Practice Test 7
Show Para
Hide Para
Share question:
© examsnet.com
Question : 36
Total: 40
Find the profit per cent of a trader who uses false balance to an extent of 1% while buying and selling goods.
4%
2.02%
2%
3.33%
3.66%
Validate
Solution:
Let CP of 100 kg of goods = Rs 100
But the trader buys 101 kg for Rs 100.
So, the CP of 100 kg of goods
100
×
100
101
=
10000
101
SP of 100 kg of goods = Rs 100
But trader sells 99 kg instead of 100 kg.
So, SP of 99 kg = Rs 100
SP of 100 kg = Rs
10000
99
Profit per cent
=
10000
99
−
10000
101
10000
101
×
100
=
2.02
%
© examsnet.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
Prev Question
Next Question