CMAT 2021 Profit & Loss — Previous Year Question
Paper
CMAT 2021
Section
Quantitative
Topic
Profit & Loss
Difficulty
Medium
Question
CMAT 2021
Slot-2
A shopkeeper claims to sell rice at cost price. He uses a false weight with the intention of selling rice at 25% profit. After selling Rice to a customer, he realizes that the customer has paid 10% less than what he should have paid. What is the actual profit percentage made by the shopkeeper?
6.25%
10%
12.5%
15%
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