A shopkeeper gives a discount of 20% on cost price of tea, but uses a weight of 800 gm per kg. Find his net profit / loss percentage.
Explanation:
Due to wrong weight, he is making profit of 200/800×100=25%. But since he is giving a discount of 20%, so net profit/loss
= 25 – 20 + (25 × -20))/100 = 5 - 5 = 0
Hence, option (a).
» Your doubt will be displayed only after approval.
Help us build a Free and Comprehensive Preparation portal for various competitive exams by providing us your valuable feedback about Apti4All and how it can be improved.