Mathematics · Profit and Loss

A shopkeeper marks an article 40% above the cost price. He gives a 20% discount but uses a false weight of 900 g instead of 1 kg. What is his overall profit percentage?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

118.76%
224.44%✓
326.22%
419.11%

Correct answer

24.44%

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A shopkeeper marks an article 40% above the cost price. He gives a 20% discount but uses a false weight of 900 g instead of 1 kg. What is his overall profit percentage?

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A shopkeeper marks an article 40% above the cost price. He gives a 20% discount but uses a false weight of 900 g instead of 1 kg. What is his overall profit percentage?

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