Mathematics · Profit and Loss
A merchant cheats while buying as well as while selling. While buying, he takes 20% more than the indicated weight, and while selling, he uses a faulty balance that indicates 1250 g for 1000 g. If he sells at 30% below the cost price (per indicated weight), find his overall profit or loss percentage.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 15% loss
- 25% profit✓
- 315% profit
- 410% profit
Correct answer
5% profit
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