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A trader has a weighing balance that shows 1300 g for...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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A trader has a weighing balance that shows 1300 g for a kg. He further marks up his cost price by 15%. The net profit percentage is:

Answer & Solution
Correct Answer: Option B
$$\eqalign{ & \frac{{{\text{Sale price}}}}{{{\text{Cost price}}}} = \frac{{1300}}{{1000}} \times \frac{{115}}{{100}} = \frac{{299}}{{200}} \cr & {\text{Profit }}\% = \frac{{99}}{{200}} \times 100 = 49.5\% \cr} $$
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