A shopkeeper sells an item at a profit of 15 and uses a weight which is 20 less Find his actual prof...........

Quantitative Aptitude (CGL) Profit and loss

A shopkeeper sells an item at a profit of 15% and uses a weight which is 20% less. Find his actual profit percentage.

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Combined Graduate Level Examination Tier I 2023

42.5%

50%

40%

43.75%

- The shopkeeper claims a 15% profit on sales.

- However, he uses weights that are 20% less than the standard.

- Therefore, he effectively sells less quantity than he charges for.

- This means his sale price appears higher compared to the actual cost.

- Real profit comes from both the weight deception and the marked profit.

- You can calculate it using formula: Actual Profit % = ((1.15 / 0.8) - 1) * 100.

- Simplifying: (1.4375 - 1) * 100 = 43.75%.

So, the actual profit percentage is 43.75%.

Option:4 - 43.75%

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