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Profit and Loss Practice Test 9
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© examsnet.com
Question : 1
Total: 40
A trader has a weighing balance that shows1,200 g for a kilogram. He further marks uphis cost price by 10%. Then the net profit percentage is:
32%
23%
31.75%
23.5%
Validate
Solution:
Balance shows 1,200 g for a 1,000 g.
Quantity shown for 1,000 g instead of 1,200 g
=
1000
1200
×
1000
=
10000
12
gm
Let the actual cost price
=
10
×
10000
12
Actual sale price = 1,000 × 11 = Rs 11,000
Net profit percentage
=
11000
−
100000
12
100000
12
×
100
=
32
%
© examsnet.com
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