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A shopkeeper purchased groundnuts at ₹64/kg and sells at ₹80/kg. While selling, he uses faulty weights and gives 800 gm instead of 1 kg. Find his actual profit percentage.

  1. A
    32.25%
  2. B
    36.65%
  3. C
    28.75%
  4. D
    56.25%

Solution & Step-by-step Explanation

Let's consider the cost price of 1000 gm (1 kg) of groundnuts is ₹64.Therefore, the cost price of 800 gm given to the customer is:

The selling price charged to the customer for this quantity (under the pretense of 1 kg) is ₹80.

Actual Profit = Actual Profit Percentage:

Practice this question

Try it yourself before checking the explanation above.

A shopkeeper purchased groundnuts at ₹64/kg and sells at ₹80/kg. While selling, he uses faulty weights and gives 800 gm instead of 1 kg. Find his actual profit percentage.
A
32.25%
B
36.65%
C
28.75%
D
56.25%

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