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SSC CGL Model Paper 3

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Question : 75 of 100

Marks: +1, -0

A dishonest dealer defrauds to the extent of 10% in buying and 20% in selling and claims that he earns only 10% profit what will be the gain percent on his outlay.

51.25%
37.5%
43.75%
45.2%

Solution:

Let dealer purchased 1 kg {1000gm} in Rs 1000

In 1st case instead of 1 kg he obtained 1100 gm

In Ilnd case he sell 800gm instead of 1000 gm

He save 300 gm

IIIrd case he claims 10% profit 1

So, when he sale 1100 gm

Selling price is

= 1100 \times \frac{110}{100} = 1210

Article cost 800gm = 800 Rs

Selling price = 1210 Rs

Required profit percentage

= \left[ \frac{1210-800}{800} \right] \times 100

= \frac{410}{800} \times 100 = 51.25\%

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