Practicing Success
A dishonest shopkeeper makes a cheating of 20% at the time of buying the goods and 40% cheating at the time of selling the goods. He promises to sell his goods at 10% loss. Find the profit %. |
75% 70% 80% 85% |
80% |
Let the actual weight = 1000 gm Total weight for him = 1000 × \(\frac{120}{100}\) = 1200 gm Total weight for him on SP = 1200 × \(\frac{100}{60}\) = 2000 gm Sell goods at 10% loss = 2000 × \(\frac{90}{100}\) = 1800 Actual CP = 1000 Profit = 1800 - 1000 = 800 Profit % = \(\frac{800}{1000}\) × 100 = 80%
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