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Ravi buys salt at Rs 16 per kg and sells it...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
?

Ravi buys salt at Rs. 16 per kg and sells it at Rs. 18 per kg. He also uses the weight of 900 gm instead of 1000 gm. What is Ravi's actual profit percentage?

Answer & Solution
Correct Answer: Option D
$$\eqalign{ & \frac{{{\text{Selling price}}}}{{{\text{Cost price}}}} = \frac{{18}}{{16}} \times \frac{{1000}}{{900}} = \frac{5}{4} \cr & {\text{Profit }}\% = \frac{1}{4} \times 100 = 25\% \cr} $$
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