Math Problem Statement
A merchant claim to make profit of 12.5% on his sales but actually makes 25% by using false weight when he professes to sell 1kg, how much does he actually sale?
Solution
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Math Problem Analysis
Mathematical Concepts
Profit and Loss
Algebra
Percentage Calculations
Formulas
Profit Percentage = (Selling Price - Cost Price) / Cost Price * 100
Profit due to false weight = C(1 - x) / (xC) * 100 = 25
Theorems
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Suitable Grade Level
Grades 8-10
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