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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