Mathematics · Profit and Loss
A shopkeeper cheats by 25% in weight while purchasing rice and cheats by 25% in weight while selling it. If he sells the rice at a markup profit of 1212% on the stated cost price, find his net overall profit percentage.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 182.5%
- 262.5%
- 392.5%
- 487.5%✓
Correct answer
87.5%
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