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A dishonest shopkeeper at the time of selling and purchasing weighs...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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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)

Answer & Solution
Correct Answer: Option D
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,
$$\frac{{{\text{Goods Left}}}}{{{\text{Goods Sold}}}} = \frac{{300 \times 100}}{{900}} = $$       $$33.33\% $$
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1 Comment
Vaibhav
Vaibhav 7 years ago
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%
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