MBA
Exam
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%
Read Solution (Total 2)
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- 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%
- 8 years agoHelpfull: Yes(0) No(0)
- 20/90*100 =22 2/9 %
- 7 years agoHelpfull: Yes(0) No(0)
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