Question : A tailor buys lining clothes from a wholesale merchant and cheats him by using a measurement tape that is 5 cm longer than the normal tape. The tailor offers the customers at cost price while stitching different garments and uses measurement tape which is 5 cm shorter than the normal tape. The gain percent is:
Option 1: $15$%
Option 2: $10 \frac{10}{25}$%
Option 3: $10$%
Option 4: $10 \frac{10}{19}$%
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: $10 \frac{10}{19}$%
Solution :
Let the actual cost of 1 m cloth be $x$
The false cost price of 1.05 m cloth = $x$
So, the false cost price of 1 m cloth = Rs. $\frac{x}{1.05}$
The actual selling price of 1 m cloth = Rs. $x$
The false selling price of 0.95 m cloth = Rs. $x$
False selling price of 1 m cloth = Rs. $\frac{x}{0.95}$
Profit% = $\frac{\text{SP-CP}}{\text{CP}} × 100$
Where CP is the cost price and SP is the selling price
= $\frac{\frac{x}{0.95}-\frac{x}{1.05}}{\frac{x}{1.05}} × 100$
= $\frac{\frac{1.05x-0.95x}{0.9975}}{\frac{x}{1.05}} × 100$
= $\frac{0.10x×1.05}{0.9975x} × 100$
= $\frac{0.105x}{0.9975x} × 100$
= $\frac{1050x}{9975x} × 100$
= $\frac{200}{19}$
= $10\frac{10}{19}$
Hence, the correct answer is $10\frac{10}{19}$%.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Answer Key | Eligibility | Application | Admit Card | Preparation Tips | Result | Cutoff
Get Updates BrochureYour Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.




