A dealer sells rice at a profit of 15% and uses a weight that is 15% less than the actual weight. Find his percentage gain.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 35.3%.
CP : SP
100 : 115
85 : 100
CP : SP = 17 : 23
Profit % =
Profit % = 600/17 = 35.29% ≈ 35.3%