A dealer professes to sell his goods at cost price and uses an 880gm weight instead of a kg. What is his percentage of gain?

A dealer professes to sell his goods at cost price and uses an 880gm weight instead of a kg. What is his percentage of gain?

  1. 13.13%
  2. 13.33%
  3. 13.36%
  4. 13.63%

Answer : 4

Solution:

Gain % = 1000/880 => 1. 1363 => 13.63%

Author Profile

IBPS Preparation Team
IBPS Preparation Team
At IBPS Preparation,We provide pathway for any candidate who wishes to shine in the recruitment process of IBPS.
READ  A man 2 flats for Rs 675958 each on one he gains 16% while on the other he losses 16%. How much does he gain/loss in the whole transaction?

Leave a Reply

Your email address will not be published. Required fields are marked *

6 + 4 =


IBPS Preparation © 2017