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A dishonest dealer sells a product at 11 loss on cost...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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A dishonest dealer sells a product at 11% loss on cost price, but uses 22% less weight. What is his percentage profit or loss?

Answer & Solution
Correct Answer: Option B
Let cost price = 100 × weight 78 = 7800
Sale price = 89 × weight 100 = 8900
Profit % = $$\frac{{1100}}{{7800}}$$  × 100 = 14.1% gain
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