Question 12
N professes to lose 25% on rice and uses a weight of 750 gm instead of 1 kg. What is the total profit or loss percentage?
Solution
Let cost price of N = Rs. 1000/kg = Re. 1/gm
Loss % = 25%
=> Selling price = Rs. 750/750 gm = Re. 1/gm
Since, both the cost price and selling price are equal, thus N has no profit or loss.
=> Ans - (C)
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