Question

merchant sells goods for 10%profit using 20% less weight.over all profit margin ,how much??​

Answer 1

Answer:

profit margin= 37.5%

Step-by-step explanation:

Let the Cost Price of goods be = Rs 100

Profit percentage= (10%).

⇒Profit= Rs10

Sale Price= Rs 110

But actually he sells 0.8- part.

therefore, Actual Cost Price= Rs 80

∴ actual profit = (110–80)/80 x 100

                        = 3/8 x100= 37.5%