A dishonest shopkeeper, at the time of 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)
A. 30%
B. 20%
C. 25%
D. 33.33%
E. None of these
Answer: Option D
Solution(By Examveda Team)
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,
$$\frac{{{\text{Goods Left}}}}{{{\text{Goods Sold}}}} = \frac{{300 \times 100}}{{900}} = $$ $$33.33\% $$
This Question Belongs to Arithmetic Ability >> Profit And Loss
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what if he was selling 1200 gms he purchased from the seller and weighs it at 10% less ie.. 1080gms so total profit would be 320 (2400-1080) and 320/1080*100 is not 33.33%