Mohan sells fruits at their cost price but uses a weight of 850 g in place of 1 kg. What is his profit percentage?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. %.
Let CP of 1000 g (1 kg) = 100
Mohan gives only 850 g but charges for 1000 g
CP for 850 g = 85 (since 100/kg)
SP for 850 g (sold as 1 kg) = 100
Profit = 100 - 85 = 15
Profit percentage = (15/85) × 100 = %