A shopkeeper sells his items using a faulty balance which measures 25% less. He then marks up his items 15%
A shopkeeper sells his items using a faulty balance which measures 25% less. He then marks up his items 15% above the cost price. If he also gives a discount of 10%, then find his net profit percentage on 1 kg items.
a) 33%
b) 38%
c) 30%
d) 45%
Sol:
