- A shopkeeper defrauds both the dealer and the
customer by measuring the weights incorrectly. When
he is purchasing items from the dealer, he takes 20%
more than the indicated weight and while selling he
gives to the customer a quantity, such that if 20% is
added to it, the indicated weight is obtained. If the
price that the shopkeeper charges his customer is the
same as what the dealer charges the shopkeeper,
what is the shopkeeper's profit percentage?
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Answer:
shopkeeper defrauds both the dealer and the customer by measuring weights incorrectly. The shopkeeper cheats 20% while purchasing and 40% while selling. He also claims to sell his goods at
16
2
3
%
loss. Find the overall percentage profit of the seller?
1). 30%
2). 20%
3). 25%
4). 66.67%
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