Question

A trader sells wheat at 20% profit and uses 20% less than the actual measure. His gain % is?

• A. 35%
• B. 38%
• C. 45%
• D. 50%

Answer 1

Answer:

D. 50%

Let the original weight = 100 kg Measured weight = 80 kg Let CP of weight be x, For 80 kg, CP = 80x For 100 kg, CP = 100x SP = 120% of 100x = 120x According to question, %Gain = [(120x - 80x)/80x] × 100 = (4/8) × 100 = 50%