A dishonest merchant uses a false weight of 200 gm instead of 250 gm. What is his profit percentage?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 25%.
True weight = 250
False weight = 200
Profit percentage = (true weight - false weight)/false weight × 100
= (250 - 200)/200 × 100
= 25%