Question

    A dishonest merchant sells goods at a 12.5% loss on the cost price, but uses 28 g weight instead of 36 g. What is his percentage profit or loss?

    A 6.25% loss Correct Answer Incorrect Answer
    B 18.75% gain Correct Answer Incorrect Answer
    C 12.5% gain Correct Answer Incorrect Answer
    D 10.5% loss Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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