A trader sells wheat at Rs. x/kg. A shopkeeper cons a trader into selling him 10 percent more wheat than what he is paying for. Later the shopkeeper uses faulty balance and gives a customer 10 percent less wheat what is paying for. If the shopkeeper also sells the wheat at Rs. x/kg what is the overall profit percentage of the shopkeeper in whole transactions?
A trader sells wheat at Rs. x/kg. A shopkeeper cons a trader into selling him 10 percent more wheat than what he is paying for. Later the shopkeeper uses faulty balance and gives a customer 10 percent less wheat what is paying for. If the shopkeeper also sells the wheat at Rs. x/kg what is the overall profit percentage of the shopkeeper in whole transactions?
Option 1 -
22.22 percent
Option 2 -
18.23 percent
Option 3 -
26.56 percent
Option 4 -
16.21 percent
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1 Answer
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Correct Option - 1
Detailed Solution:CP of wheat be Rs.100/kg So, when shopkeeper pays for 1kg wheat, he get 1.1kg of wheat.
CP of shopkeeper is Rs.
While selling, he sells 10% less
So, 5p = Rs.
Profit percent =
=22.22percent
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