Question

If a shopkeeper cheats up to 12% in buying and selling fruits, using less weight, then his total profit percentage is:

• A. 25.25
• B. 25.75
• C. 27.27
• D. 25.5

Answer 1

Answer:

C. 27.27

Shopkeeper buy 112 gm goods instead of 100 gm by cheating And he sells 88 gm instead of 100 gm SP/CP = (112 × 100)/(100 × 88) = 14/11 Profit = SP - CP = 14 - 11 = 3 Profit Percentage = (3/11) × 100% = 27.27%