A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?
A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage? Correct Answer 80%
CP = $$\frac{{100}}{{120}} = \frac{{10}}{{12}}$$SP = $$\frac{{135}}{{90}} = \frac{3}{2} = \frac{{18}}{{15}}$$
Percentage Profit = $$ {\frac{{\frac{{18}}{{12}} - \frac{{10}}{{12}}}}{{\frac{{10}}{{12}}}}} \times 100 = 80\% $$
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Feb 20, 2025