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

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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?

A. 23%

B. 20%

C. $$23\frac{{11}}{{18}}\% $$

D. 25%

Answer: Option D

Solution(By Examveda Team)

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

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