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A vegetable vendor claims to sell his vegetables at a cost price but uses a weight of 800 gm instead of kg weight. How much profit will he earn (percentage)?1. 10%2. 20%3. 30%4. 25% |
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Answer» Correct Answer - Option 4 : 25% Given: True weight = 1000 cm False length = 800 cm Formula Used: Profit% = True weight - false weight / false weight × 100 Calculations: According to the formula, Profit% = True weight - false weight / false weight × 100 ⇒ 1000 - 800 / 800 × 100 ⇒ 200 / 800 × 100 ⇒ 100 / 4 ⇒ 25% The vegetable vendor made a profit of 25%. |
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