Question

A grocer sells rice at a profit of 20% and uses a weight which is 25% less. Find out overall gain percentage.

• A. 60%
  
• B. 65%
  
• C. 58%
  
• D. 63%
• E. None of these

Answer 1

The correct option is A 60%


We have, x =20 and y =25.
$\therefore$ Overall gain % =$[\frac{y+x}{100-y}\times 100]\%$
$=[\frac{25+20}{100-25}\times 100]\%=60\%$