Question
Quantitative Aptitude Question on Percentage
A dishonest trader claims to sell at a loss of 16%. However, he uses a false scale and in realty makes a profit of 20%. To what difference does he defraud his customers when he claims to sell 1 kg of an item?
A
30 gms
B
100 gms
C
200 gms
D
300 gms
Answer
300 gms
Explanation
Solution
The correct answer is (C);300 gms