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A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. Besides, he also cheats both his supplier and his buyer by 100 grams while buying or selling 1 kilogram. Find the percentage profit earned by the shopkeeper?

A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. Besides, he also cheats both his supplier and his buyer by 100 grams while buying or selling 1 kilogram. Find the percentage profit earned by the shopkeeper? Correct Answer 32%

While buying,
He buys 1100 gram instead of 1000 gram.
Suppose he bought 1100 grams for Rs. 1000.

While selling,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, 1100 grams for Rs. 1000Hence, 1188 grams for Rs. 1080Selling: 900 grams for Rs. 1080Hence, % profit = $$\frac{{288}}{{900}}$$  × 100 = 32% (using goods left by goods sold formula).

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