Allied & ICAR Exam Bank • ALLIED_1441 MCQ • 1 Mark

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A dishonest dealer professes to sell goods at cost price but uses a weight of 900 grams for a 1 kg weight. His gain percentage is:

Options:

  • (A) $11\frac{1}{9}\%$
  • (B) 10%
  • (C) $9\frac{1}{11}\%$
  • (D) 11%

Answer Key:

A

Step-by-Step Solution & Explanation

Gain percentage $= \frac{\text{Error}}{\text{True value} - \text{Error}} \times 100 = \frac{100}{900} \times 100 = 11\frac{1}{9}\%$.
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