Question
A dishonest shopkeeper claims to sell 1 kg of rice at the cost price per kg. He actually uses a weight of 1200 g while purchasing rice, and a weight of 840 g while selling rice. What is the overall percentage profit made by the shopkeeper?
(Round off the result to two decimal places.)
Asked in RRB NTPC (UG) CBT-I · 2026
Dishonest Dealings · Quantitative Aptitude
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Assume a convenient standard quantity such as 100 kg or 1000 g when only percentages are involved.
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Questions Asked from Profit and Loss in Previous Exams
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Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
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