Question

A shopkeeper marks up his goods by 20% and then gives a discount of 20%. Besides he cheats both his supplier and customer by 100 g, i.E., he takes 110

Answer 1

Answer:

Step-by-step explanation:

He sells only 900 grams when he takes the money for 1 kg.

Now, according to the problem,

he sells at a 8% profit (20% markup, 10% discount).

Hence, his selling price is Rs. 1080 for 900 grams.

Now,

1100grams for Rs. 1000

Hence, 1188 grams for Rs. 1080

Selling: 900 grams for Rs. 1080.

Hence, % profit = 288/900 = 32%.

Hope it helps you...