A shopkeeper sold an article at 10% loss and uses a weight of 20% less. find the his profit percentage
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Answer:
let the marked weight be 1 kg
but the real weight he uses = 80% of 1kg
= 800gm
let the cp of 1 gm be RS 1
then cp of 800 gm = RS 800 and
cp off 1000 gm = 1000
SP = 1000 × 110/100
= 1100
gain = 1100 - 800
g % = 300/800 × 100
g % = 75/2
g % = 37.5
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