A seller uses 500gm in place of 1kg to sell his goods. Find his actual % profit or loss, when he sells his article on 10% gain on cost price? Choose the correct choice from the following answers
A) 32.5% B) 37.5% C) 35% D) 40% E) 75%
Selling price of 500gm = 100+10= 
<gadget id="calculator">100+10</gadget>
<output>110</output>
$110   Profit= 110-50= 
<gadget id="calculator">110-50</gadget>
<output>60</output>
$60   % of profit= 60*100/80= 
<gadget id="calculator">60*100/80</gadget>
<output>75</output>
75 %   Answer is 75%
<result>E</result>
A seller uses 500gm in place of 1kg to sell his goods. Find his actual % profit or loss, when he sells his article on 10% gain on cost price?