Multiple choice

A dishonest shopkeeper used 25\% less while selling and claims that he got 15\% profit only. Find his real profit percentage?

  1. $51.5\%$
  2. $51.6\%$
  3. $53.3\%$
  4. $59.2\%$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The shopkeeper gives only 75% of what he charges for. If he claims 15% profit, selling price = 115 for cost = 100. But he only delivers 75 units, so effective SP per unit = 115/75 = 1.533. Real profit = (1.533 - 1) × 100 = 53.3%.