Profit and Loss Practice Test 5

Question : 5 of 40

Marks: +1, -0

A vegetable seller has marked up his CP by 25% and further he uses a weighing balance that shows 1,500 g for a kilogram. What is the profit per cent?

Solution:

Let CP of 1 g = Rs 1
CP of 1,000 g = Rs 1,000
SP at 25% mark up

=1000+25/100   ×1000=1250

SP of 1,000 g = 1,250
SP of 1,500 g

=1250/1000×1500=1875

Profit per cent

875/1000×100=87.5%

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