Question

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?

• A. 6.25%
• B. 10%
• C. 12.5%
• D. 15%

Answer 1

The Correct Option is C

The Correct option is (C): 12.5%