ABC26GN2573 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

A dishonest dealer professes to sell his goods at cost price but uses a weight of 960 gms for a kg. weight. Find his gain percent.  Error   40  1

Answer

Answer (as printed):

Explanation

Gain % =  × 100  % =  × 100 % = 4 %.  (True Value) − (Error)   960  6

Explanation as extracted from the printed page; notation may be imperfect.