Examsnet
Unconfined exams practice
Home
Exams
Banking Entrance Exams
CUET Exam Papers
Defence Exams
Engineering Exams
Finance Entrance Exams
GATE Exam Practice
Insurance Exams
International Exams
JEE Exams
LAW Entrance Exams
MBA Entrance Exams
MCA Entrance Exams
Medical Entrance Exams
Other Entrance Exams
Police Exams
Public Service Commission (PSC)
RRB Entrance Exams
SSC Exams
State Govt Exams
Subjectwise Practice
Teacher Exams
SET Exams(State Eligibility Test)
UPSC Entrance Exams
Aptitude
Algebra and Higher Mathematics
Arithmetic
Commercial Mathematics
Data Based Mathematics
Geometry and Mensuration
Number System and Numeracy
Problem Solving
Board Exams
Andhra
Bihar
CBSE
Gujarat
Haryana
ICSE
Jammu and Kashmir
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Tamil Nadu
Telangana
Uttar Pradesh
English
Competitive English
CBSE
CBSE Question Papers
NCERT Books
NCERT Exemplar Books
NCERT Study Notes
CBSE Study Concepts
CBSE Class 10 Solutions
CBSE Class 12 Solutions
NCERT Text Book Class 11 Solutions
NCERT Text Book Class 12 Solutions
ICSE Class 10 Papers
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Careers
Contact Us
Our Apps
Privacy
Test Index
CMAT 2014 Solved Question Paper
Show Para
Hide Para
Share question:
© examsnet.com
Question : 7
Total: 100
A trader uses a weighing balance that shows 1250 g for a kilogram. He further mark up his cost price by 20%. What is the profit percentage?
5%
45%
50%
30%
Validate
Solution:
(c) Let the cost price of 1 g be ₹ 1, then the mark-up price be ₹ 1.2 per g.
Now, he sells 1000 g which seems to be 1250 g.
So, he charges to a customer = 1250 x 1.2= ₹ 1500 for 1000 g
Thus, his profit per cent =
1500
−
1000
1000
×
100
= 50%
© examsnet.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Prev Question
Next Question
Similar Free Exams:
AP ICET Exam Previous Papers
CAT Exam Previous Papers
IIFT Exam Previous Papers
MAT Exam Previous Papers
SNAP Exam Previous Papers
TS ICET Exam Previous Papers
XAT Exam Previous Papers