Kirk Chavez
10/17/2024 · Elementary School
122. Instead of a metre scale, a cloth merchant uses a 120 cm scale while buying but uses an 80 cm scale while selling the same cloth. If he offers a discount of \( 20 \% \) on cash payment what is his overall profit percentage? \( \begin{array}{ll}\text { (a) } 15 \% & \text { (b) } 20 \% \\ \text { (c) } 25 \% & \text { (d) } 40 \%\end{array} \)
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The merchant's overall profit percentage is 20%.
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