Ramesh sells rice at ₹36 per kg, which he purchased for ₹30 per kg. Moreover, he gives only 800 g of rice instead of 1 kg while selling. Find the actual profit percentage of Ramesh.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 50%.
CP : SP
30 : 36
800 : 1000
2 : 3
Profit percentage = = 50%