Question:

A trader decides to sell a kilogram of sugar at its cost price. But he uses false weights and sells only 900 grams instead of a kilogram. What is the percentage of profit?

Updated On: Oct 19, 2024

10%
11.11%
11%
10.11%

Hide Solution

Verified By Collegedunia

The Correct Option is B

Solution and Explanation

The correct answer is (B): 11.11%

Was this answer helpful?

0

0

Top Questions on Percentage

Match List-I with List-II.

List-I	List-II
(A) Confidence level	(I) Percentage of all possible samples that can be expected to include the true population parameter
(B) Significance level	(III) The probability of making a wrong decision when the null hypothesis is true
(C) Confidence interval	(II) Range that could be expected to contain the population parameter of interest
(D) Standard error	(IV) The standard deviation of the sampling distribution of a statistic

Choose the correct answer from the options given below:

The cost of a machinery is ₹8,00,000. Its scrap value will be one-tenth of its original cost in 15 years. Using the linear method of depreciation, the book value of the machine at the end of the 10th year will be:
- CUET (UG) - 2024
- Mathematics
- Percentage
View Solution
The total population of a town is 50,000. The number of males and females increases by 10% and 15% respectively and consequently the population of the town becomes 56,000. What was the number of males in the town?
- CUET (UG) - 2024
- General Aptitude
- Percentage
View Solution
Anubhav spent 14% of his income on electricity bills, 28% on rent, and 18% on shopping. If 1/4 of the remaining amount is Rs. 5120, how much did he spend on electricity bills?
- CUET (UG) - 2024
- General Aptitude
- Percentage
View Solution
In an examination, it is required to get 300 marks to pass. A student gets 225 marks and is declared fail by 10%. The maximum marks in the examination are:
- CUET (UG) - 2024
- General Aptitude
- Percentage
View Solution

View More Questions

Questions Asked in ATMA exam

View More Questions