Ramesh claims that he is selling onions at Rs. 36 per kg, which costs him Rs. 40 per kg, but he gives 800 grams instead of 1 kg. Find Ramesh's percentage gain or loss.
A. Gain 13.5%
B. Loss 13.5%
C. Loss 12.5%
D. Gain 12.5%
Answer: Option D
Solution (By Examveda Team)

$${\text{Loss}} = \frac{4}{{80}} \times 100 = 10\% $$

$$\eqalign{ & {\text{Profit}} = \frac{{200}}{{800}} \times 100 = 25\% \cr & {\text{Over all profit}} \cr & = 25 - 10 - \frac{{25 \times 10}}{{100}} \cr & = 12.5\% {\text{ Answer}} \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250

Join The Discussion