CAT level question in Profit and Loss – 01
Question: A merchant claims to make a profit of 12.5% on his sales but actually makes 25% by using false weights. When he professes to sell 1 kg, how much does he actually sell?
(a) 875 gms
(b) 833.33 gms
(c) 900 gms
(d) 850 gms
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