railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Profit and Loss Dishonest Dealings
A dishonest dealer is selling sugar at Rs. 40 per kg and pretending that he is selling it at a loss of Rs. 5 per kg but he actually gives 800 g instead of 1 kg, using a faulty weight. What is his actual profit or loss percent?
1
Gain, 11%
2
Gain, \(11 {1 \over 9}%\)%
3
Loss, \(10 {1 \over 9}%\)%
4
Loss, \(9 {1 \over 9}\)%