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(#M40014464) MBA question averages, percentages, profit loss and interest Keep an EYE

A trader cheats both his supplier and customer by using faulty weights.when he buys from the supplier,he takes 10% more than the indicated weight.when he sells to his customer,he gives 10% less than the indicated weight.if he sells at cost price(that is charges the c.p. of the indicated weight),what is the profit per.?pl. provide sol.

1) 20%
2) 10%
3) 11 1/9%
4) 22 2/9%

Asked In MBA (11 years ago)

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krishna choudhary  (8 years ago)

supplier customer
100g 100g
110g x+10/100x=100 where x is effective grams
x=100/1.1

effective Cp=100/110 rs/g effective Sp=100/100*1.1


effective sp/effectivecp=1.2

profit=21%

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KULDEEP SINGH THAKUR  (7 years ago)

20/90*100 =22 2/9 %

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