Quantitative Aptitude Ques 1245

Question: A cloth merchant professes to sell his material at a loss of 8%. But he measures 84 cm for a metre. Find his actual gain or loss per cent.

Options:

A) $ 9\frac{5}{11} $ % gain

B) $ 9\frac{11}{21} $ % gain

C) % loss

D) % loss

Show Answer

Answer:

Correct Answer: B

Solution:

  • Let CP of 1 m cloth = Rs. 100 SP of 84 cm cloth = 92 CP of 84 cm cloth = 84 $ \text{Gain=SP}-CP=92-84=8 $ Gain % x%