Question

Mohan runs a Kirana shop 'Honest Stores'. He marks up the prices of his goods by 20% then gives them a discount of 10% to his customers. Moreover he cheats them by using 900gm weight as a 1 kg weight .What is the percentage of profit he makes?
O 18
0 12
20
15

Answer 1

Answer:

20

Step-by-step explanation:

suppose original price is 100 rs per 1000 gm

so 900 gm is for 90 rs

now he marks 20% up means mark 120 rs and then gives 10 % discount means 12 rs so gives for 108 rs to customers

so now net profit =108-90=18 rs

so %profit =18×100/90=20