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A dishonest shopkeeper sold onions at Rs. 30/kg which he has bought at Rs. 20/kg. He gave 750g instead of 1 kg. Find his actual profit percentage.

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A dishonest shopkeeper sold onions at Rs. 30/kg which he has bought at Rs. 20/kg. He gave 750g instead of 1 kg. Find his actual profit percentage.
1). 10%
2). 25%
3). 50%
4). 100%


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Answered by on | Votes 0 |

Weight of onions bought by customer = 1 kg

Actual weight of onions received by customer = 750 g = 0.75 kg

Price paid by the customer = Rs. 30

Actual price of 0.75 kg = 0.75 × 20 = Rs. 15

∴ Money earned by the shopkeeper = 30 – 15 = Rs. 15

∴ Profit percentage = (15/15) × 100 = 100%

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