A dealer sells goods at cost price but uses a weight of 900 grams instead of 1000 grams. Find his profit percentage.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: A. 11.11%.
- A. 11.11% ✓
- B. 10%
Why not B: “10%” is not 11.11%.
- C. 12%
Why not C: “12%” is not 11.11%.
- D. 9%
Why not D: “9%” is not 11.11%.
Correct answer
A. 11.11%
Explanation
11.11% (option A) is the accepted answer to “A dealer sells goods at cost price but uses a weight of 900 grams instead of 1000 grams. Find his profit percentage.”. Option B (10%) is a different value from 11.11%. Option C (12%) is a different value from 11.11%. Option D (9%) is a different value from 11.11%. Keep 11.11% as the Profit and Loss Mcqs fact for this stem.
Source: FPSC/NTS Past Papers
Tags: CTSP, Profit and Loss, Faulty Weight
Submitted by: MCQsHub Editorial
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