Reeta says that she sells her goods at the cost price. If she uses 80 gram weight instead of 100 gram, then what is her profit percentage?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 25%.
False weight = 80
True weight = 100
Profit percentage = (True weight - False weight)/False weight × 100
= (100 - 80)/80 × 100
= 20/80 × 100
= 25%