Question
Quantitative Ability and Data Interpretation Question on Profit and Loss
A merchant wants to make profit by selling food grains. Which of the following will maximize his profit?
A
Sell product at 30% profit
B
Increase the price by 15% over the cost price and reduce weight by 15%
C
Use 700 gm of weight instead of 1 kg.
D
Mix 30% impurities in grains and sell it at cost price
Answer
Use 700 gm of weight instead of 1 kg.
Explanation
Solution
The correct option is (C) :Use 700 gm of weight instead of 1 kg..