Question
Quantitative Aptitude Question on Percentage
A trader decides to sell a kilogram of sugar at its cost price. But he uses false weights and sells only 900 grams instead of a kilogram. What is the percentage of profit?
A
10%
B
11.11%
C
11%
D
10.11%
Answer
11.11%
Explanation
Solution
The correct answer is (B): 11.11%