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    A vendor claims to sell wheat at a loss of 65%, but he cheats by using weights that are 70% less than the stated weight. What is his actual profit per
    Question

    A vendor claims to sell wheat at a loss of 65%, but he cheats by using weights that are 70% less than the stated weight. What is his actual profit percentage (round off to two decimal places)?

    A.

    12.93%

    B.

    19.59%

    C.

    11.35%

    D.

    16.67%

    Correct option is D

    Given:

    Vendor claims a 65% loss 

    marked selling price per kg = 35% of CP.
    He uses weights 70% less than stated

    delivers only 30% of a kg for the price of 1 kg.​​

    Solution:
    Eff. SP%=350.30=116.6\text{Eff. SP\%}=\frac{35}{0.30}=116.\overline{6}​%
    Profit %=116.6100=16.6%16.67%6.\overline{6}-100=16.\overline{6}\%\approx 16.67\%​​

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