Sudhir claimed to sell his items at only 8% above the cost of production, but used a weight that had 750 grams written on it, though it actually weighed 720 grams. What was the actual profit percentage earned by Sudhir?

12.5%

Markup = 8%

Less weight = 720 instead of 750 

                 CP              SP

Markup      25               27

Weight       24              25  

          ——————————————

             600               675

Profit = 675 - 600 = 75

Profit % = 75 × \(\frac{100}{600}\) = 12.5%