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#1 2015-04-17 05:24:06
Cost Price:
Question:
A dishonest shopkeeper, at the time 0f selling and purchasing, weighs 10% less and 20% more per kilogram respectively. Find the percentage profit earned by treachery. (Assuming he sells at Cost Price)
Option A):
20%
Option B):
33.33%
Option C):
25%
Option D):
30%
Correct Answer is Option B):
33.33%
Explanation:
While purchasing he would take 1200 grams for the price of 1000 grams. While selling he would sell 900 grams for the price of 1000 grams.
Since, CP = SP
The profit earned by him,
Goods Left / Goods sold = (300 *100)/900 = 33.33%.
Failure is the first step towards seccess.
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2015-04-17 05:24:06
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Re: Cost Price:
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