A dishonest shopkeeper makes a cheating of 20% at the time of buying and of 25% at the time of selling the ggoods.He promises to sell goods at 15%profit,then find his total profit percenage is?
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Answer:
Step-by-step explanation:
Let cost price of 1 gm goods = Rs.1
Suppose he purchases 100 gm goods.
Then, total cost price = Rs.100
Due to cheating of 20% at the time of buying,he actually gets
100
+
20
=
120
gm goods. Suppose he sells this 120 gm goods.
Due to cheating of 40% at the time of selling the goods, he pretends as selling
120 *100/60
×
100
60
=
200
gm goods.
Since he pretends selling the goods at 10% loss, his selling price
Therefore, required profit percentage
=
80 %
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