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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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