Question

    A Shopkeeper marks his goods 50% above a CP and gives 30% discount to customer. At the time of selling the goods he uses 800 gm weight instead of 1 kg. Find his profit%?

    A 40% Correct Answer Incorrect Answer
    B 33.33% Correct Answer Incorrect Answer
    C 31.25% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the Cost Price be Rs. 100 Now here, CP = Rs. 800 SP= Rs. 1050 Profit% = 250/800 ×100 = 31.25%

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