2 years ago in Profit & Loss

A trader sells goods to a customer at a profit of k% over the cost price, besides it he cheats his customer by giving 880 g only instead of 1 kg. Thus his overall profit percentage is 255. Find the value of k?

[A] 8.33%
[B] 8.25%
[C] 10%
[D] 12.5%
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Answers

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Kapil Gupta
Kapil Gupta - 3 months ago

Kapil Gupta is saying 10% is correct answer

Rajdip Ghosh
Rajdip Ghosh - 10 months ago

Rajdip Ghosh is saying 12.5% is correct answer

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I bought a watch for Rs. 60. What will it fetch if I sell at a gain of 25%?

  • [A] Rs 72
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  • [C] Rs 77.50
  • [D] Rs 80
  • [E] None of these