Question

A shopkeeper sells 1 kg rice to two customers Seema and Reena. For Seema he charges exactly the cost price but under weighs the quantity by 12%. For Reena he sells at 25% more than cost price but over weighs the quantity by 12%. What is his overall profit/loss percentage?

• A. 12.5% loss
• B. 12.5% profit
• C. 9.1% loss
• D. 9.1% profit

Answer 1

Answer:

B. 12.5% profit

Let the cost price of 1 kg = 1000 gm of rice = Rs. 100 The cost price for 2 kg = Rs. 200 Seema ---- 880 gm on Rs. 100 Reena ------ 1120 gm on Rs. 125 Profit % = (225 - 200) x 100/200 = 12.5%