A dealer marks his goods 40% above the cost price and allows a discount of 25%. He also uses an 800 g weight in place of 1 kg. What is his overall profit percent?
A. 31.25%
B. 26.25%
C. 30%
D. 25%
A. 31.25%
B. 26.25%
C. 30%
D. 25%
Best answer
Answer: A. 31.25%
Answer: (A) 31.25%
Let CP = ₹100 per kg. MP = 140, SP after 25% discount = ₹105 for every \"kg\" he sells.
But he gives only 800 g, which costs him ₹80. Profit = \(\frac{105 - 80}{80} \times 100 = 31.25\%\).
Shortcut: 1.4 × 0.75 ÷ 0.8 = 1.3125.
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