A vegetable vendor does his sales using a weight that is 12% less than the actual weight and earns a profit of 32% on the cost price. Find the total profit percentage.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 50%.
Let, the weight of the vegetable be 100 g
12% less = 88% = 88/100 = 22/25
32% profit = 132% = 132/100 = 33/25
In terms of rate
22 units of vegetables cost Rs.25
For-profit
25 units of vegetables cost Rs.33
Hence,
2 unit = Rs.3
Profit = Rs.1
Profit percentage = 1/2 × 100 = 50%