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      Question

      A trader sells pulses at a 28% profit and uses weights

      20% less than the actual measure. Find his gain percentage.
      A 45% Correct Answer Incorrect Answer
      B 25% Correct Answer Incorrect Answer
      C 40% Correct Answer Incorrect Answer
      D 60% Correct Answer Incorrect Answer

      Solution

        In both cases, he is earning profit.   1st case, Profit% = 28%   2nd case, 20% less than actual measure so Profit% = 20%   (S.P/C. P) = (128/100) × (100/80) = 32/20 SO, S.P = 32x and C.P = 20x   Profit = (32x - 20x) = 12x Overall Profit% = (12x)/(20x) x 100 = 60%.

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