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CMAT 2021 Solved Question Paper
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© examsnet.com
Question : 4
Total: 100
A shopkeeper claims to sell rice at cost price. He uses a false weight with the intention of selling rice at
25
%
profit. After selling rice to a customer, he realizes that the customer has paid
10
%
less than what he should have paid. What is the actual profit percentage made by the shopkeeper?
6.25
%
10
%
12.5
%
15
%
Validate
Solution:
Let the cost price of rice/kg
=
₹
100
∴ Selling price of rice/kg
=
100
×
125
100
=
₹
125
According to the question,Customer paid for
1
kg
rice
=
125
×
(
100
−
10
)
100
=
₹
112.5
∴ Profit per cent made by shopkeeper
=
(
112.5
−
100
)
100
×
100
=
12.5
%
© examsnet.com
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