Question

*A shop keeper selling rice at profit 25%.*
*However, he was unaware that his weighing machine was tampered and showed 950gm for 1kg.what is his actual profit percentage ?*

Answer 1

Step-by-step explanation:

950gm/25=38%

so the actual profit is 38%

Answer 2

Answer:

the answer is 5.26%

Step-by-step explanation:

But, in reality he is charging for 1000 grams against actual dispensation of 950 grams thereby making a profit of 50 grams. Since the shopkeeper is incurring cost on only 950 grams, his profit percentage should be 50/950 x 100 = 5.26%.