SSC CHSL 2024 PYQ — Question 67

The correct answer is option 4 i.e. Profit, $36\frac{4}{11}$%

Given that

Selling price = 75% of the cost price

Let the cost price of goods of 1000 kg be 1000 units

Profit or Loss% = [(Profit or Loss)/Cost Price] × 100

According to question

S.P. = 1000 × 75/100 = 750 units 

But he uses a false weight of 45%

The actual weight = 0.55 × 1000 = 550 kg

So the C.P. of 550 kg = 550 units

Profit = S.P. - C.P. = 750 - 550 = 200 units

Hence, Profit % = (200/550) × 100 = $36\frac{4}{11}$%