Correct option is D
Given:
Vendor claims a 65% loss
marked selling price per kg = 35% of CP.
He uses weights 70% less than stated
delivers only 30% of a kg for the price of 1 kg.
Solution:
%
Profit %=11
A vendor claims to sell wheat at a loss of 65%, but he cheats by using weights that are 70% less than the stated weight. What is his actual profit percentage (round off to two decimal places)?
Given:
Vendor claims a 65% loss
marked selling price per kg = 35% of CP.
He uses weights 70% less than stated
delivers only 30% of a kg for the price of 1 kg.
Solution:
%
Profit %=11
Suggested Test Series
Suggested Test Series
A person bought a plot for ₹1,20,000. He sold part of this plot at a loss of 10%. At what profit percent should he sell the remaining plot to earn a profit of 27% on the whole transaction?
Atul bought a bicycle at three-fourth price of its marked price and sold it at 20% more than its marked price. What will be the profit percentage?