Interview Questions And Answers Forum

hasnain

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From: Chichawatni

Registered: 2014-10-13

Posts: 8,355

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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%.

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