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Profit and loss · EPFO APFC · Question 53 of 55

Profit and 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 25%. Find the value of k?

Step-by-step solution. Profit and loss for EPFO APFC.

Topic
Profit and loss
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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Q · Profit and lossMedium · 45s

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?

TopicProfit and loss
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

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Solution illustration 1
Final Answer: Option C - 10%
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A trader sells goods to a customer at a profit of k%… - Profit and loss (Mathematics) Solved Question