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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ssc cgl 2023 pre

4.5%

50%

40%

43.75%

- The shopkeeper sells an item at a marked profit of 15%.

- He uses a weight that is 20% less, implying he gives 80% of the actual weight.

- The actual selling price for the customer is 15% profit plus the profit gained from giving less weight.

- When he gives less weight, his effective cost is reduced because he's using only 80% of it.

- Calculate effective selling price: \( \text{Cost price of 80% weight} = 100\) (considering original cost as 100).

- Selling price (15% profit on original): \( 115\).

- Actual profit based on reduced cost: \( \left( \frac{115 - 80}{80} \times 100 \right) = 43.75\%.

Answer: Option 4: 43.75%

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