Question

what is the percentage of profit earned by the shopkeeper if he earns 10% of the product weight in weighing and 10% profit in pricing the product

Answer 1

Let the Cp be 100₹
SP be 110₹(as profit is 10%)
But he give only 10% as using less weight
So effective cp is 90₹
Profit is 20₹ of 90₹
Therefore profit %is =20/90*100=22.22%

Answer 2

Let the Cp be 100₹

SP be 110₹ (as profit is 10%)

But he gave only 10% as he was using less weight

So the effective cp would be 90₹

Profit is 20₹ of 90₹

Therefore profit %

=20/90*100

=22.22%

If there is any confusion please leave a comment below.