A shopkeeper wants to make some profit by selling rice. He contemplates about various methods. Which of the following would maximise his profit? I. Sell rice at 15% profit. II. Use 850 g of weight instead of 1 kg. III. Mix 15% impurities in rice and selling rice at cost price. IV. Increase the price by 7.5% and reduce weights by 7.5%.
Reveal answer
Fill a bubble to check yourself