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Aptitude · Q73

Profit And Loss

Competitive Exams · Aptitude · question 73

Q73

A dishonest dealer purchases goods at 20% discount of the cost price of Rs. X and also cheats his wholesaler by getting 20% extra through false weighing, per kg. Then he marks up his goods by 80% of x, but he gives a discount of 25% besides he cheats his customer by weighing 10% less than the required. What is his overall profit percentage?

A.
125%
Answer
B.
100%
C.
98.66%
D.
120%
E.
None of these

Answer: Option A

Solution

Answer: Option A
Solution:
Let actual cost price of an article be Rs. 1 (in place of X). Now he purchases goods worth Rs. 120 and pays Rs. 80, since 20% discount is allowed.
So, the CP =
Again, MP, SP = 135 (since 25% discount)
Thus, the trader sells goods worth Rs. 90 instead of 100g and charges Rs. 135.
Therefore the effective SP =