AFCAT Model Paper 1

Given:
Marked Price = 10% above the C.P
Discount = 15%
At the time of selling,
The vendor uses 800 grams instead of 1 kg.
Calculation:
Let the CP of 1 kg goods be Rs. 1000
⇒ CP of 800 gram = Rs. 800
⇒ SP of 800 gram = 1000 × 1.1 × 0.85
⇒ Rs. 935
Now, Percentage profit =

[935–800]

800

⇒ 16.875%
∴ The percentage profit earned by the vendor is 16.875%.