Home > Practice > Arithmetic Aptitude > Profit & Loss > Miscellaneous
1. 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 25%. Find the value of k?

Solution:
% Profit = 25100 = 120+k880
→ k = 100
Thus,
Net % profit = 100×1001000   = 10%

You must login to add comments. Login now.