A dishonest shopkeeper takes 25% more than the indicated weight when he purchases the items from the dealer. he gives 25% less than the indicated weig
Answers
Given : A dishonest shopkeeper takes 25% more than the indicated weight when he purchases the items from the dealer. he gives 25% less than the indicated weight
Selling price and buying price are same
To Find : Profit
Solution:
Let say CP = SP = C Rs per unit
A dishonest shopkeeper takes 25% more than the indicated weight
Qty = Q
Cost = CQ
Qty received = Q + (25/100)Q = 1.25Q
1.25 Q cost = CQ
Q cost = CQ/1.25Q = C/1.25
0.75Q Cost = 0.75Q C/1.25 = 3CQ/5
he gives 25% less than the indicated weight
SP = CQ
item given = Q - (25/100)Q = 0.75Q
0.75Q SP = CQ
CP = 3CQ/5
SP = CQ
Profit = CQ - 3CQ/5 = 2CQ/5
Profit % = 100 * (2CQ/5)/(3CQ/5) = 66.67 %
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