ABC26GN2701 · Profit and Loss

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

A dishonest dealer uses a scale of 90 cm instead of a metre scale and claims to sell at cost price. His profit is

(a)9\%

(b)10\%

(c)12\%

(d)None of these

Answer

Answer (as printed): D

Explanation

Gain $\%=\left(\frac{10}{90} \times 100\right) \%=11 \frac{1}{9} \%$.

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