Practicing Success
A shopkeeper promises to sell his goods at 5% profit, but he uses 25% less weight while selling. Find the profit percentage? |
20% 30% 40% 50% |
40% |
Assume quantity = 1000 g 1000 g ↓ ------------------------ -25% ↓ ↓ +5% 750 g 1050 g ↓ ↓ ⇒ different = 300g ⇐ Profit = \(\frac{300}{750}\) × 100 = 40 % 750 g thing is sold after reducing 25 % weight |