A trader professes to sell his goods at the cost price at a loss of 8% but weight 900 grams in place of a kg weight. find his loss OR gain percentage

Question

Ekjot Singh · Answer

Assume seller says that his cost is Rs. 1000 for 1000 grams and he sells is at Rs. 920 at 8% loss. But, actually he is selling only 900 grams which costed him Rs. 900. Therefore, he is earning a profit of Rs. 20 on his actual cost of Rs. 900. So, Profit percentage=20/900*100=2.22%

Harshvardhan Sharma · Answer

are you preparing seriously for cat.
this is the easiest question i have ever seen.

Akshay S · Answer

2.22 % gain

KARAN Gupta · Answer

20/9?

A trader professes to sell his goods at the cost price at a loss of 8% but weight 900 grams in place of a kg weight. find his loss OR gain percentage

Join CAT 2026 course by 5-Time CAT 100%iler

Download resources