Q1.A dishonest salesman sells his goods at a profit of 20%
while also using a weighing machine that weighs the
good 20% less in weight than marked. What is his total
percent gain?
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Step-by-step explanation:
Answer:
Let us assume that 1000 g of goods cost Rs. 100.
Since he makes a Profit of 20%, the Selling Price would be:
Hence for 1000 grams of goods, he sells them for Rs. 120 by which he earns a profit of 20%.
Now, it is given that, he also uses a weighing machine which weighs the goods 20% less than the original weight.
Hence 1000 g of goods in his weighing machine would weigh:
Hence his machine would show the weight of 800 g to be equal to 1000 g.
Therefore, for 1000 g = Rs. 120, then for 800 g the actual selling price would be:
But, the shopkeeper is selling it for Rs. 120. Hence profit made here is:
Therefore the net profit gained by the dishonest shopkeeper is 25%.
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