1.

A dishonest shopkeeper cheats at time of buying and selling the products. He weights 20% more at time of buying and 10% less at time of selling. What is his total profit?1). 33.33%2). 25%3). 66.66%4). 50%

Answer»

GIVEN that he cheats 20% at time of buying

⇒ Goods bought = 1000(1 + 20/100)

⇒ 1200 G at PRICE of 1000 g

Given that he cheats 10% at time of buying

⇒ Goods sold = 1000(1 – 10/100)

⇒ 900g at price of 1000 g

Since cost price = selling price

⇒ Profit PERCENTAGE = goods left/goods sold × 100

⇒ [(1200 – 900)/900] × 100%

⇒ [300/900] × 100%

⇒ [1/3] × 100%

⇒ 33.33%

∴ Profit percentage = 33.33%


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