A manufacturer offers a 20% rebate on the marked price of a product. The retailer offers another 30% rebate on the reduced price. The two reductions are equivalent to a single reduction of :
40%
44%
46%
50%
Correct Answer : B
A dishonest dealer sells his goods at the cost price but still earns a profit of 25% by underweighing. What weight does he use for a kg?