MBA
Exam
A dishonest dealer claims to sell a product at its cost price. He uses a
counterfeit weight which is 20% less than the real weight. Further
greed overtook him and he added 20% impurities to the product. Find the
net profit percentage of the dealer?Does anyone know of a sure-shot approach to questions like this? 1) 40 2) 44 3) 50 4) 56.25
Read Solution (Total 1)
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- 50%
suppose he buys 100 kg product for Rs 100. converted it to 120 kg by ( free impurities)
Due to counterfeit weights, he is selling 80 kg material for Rs 100 and
120 kg material for 120*100/80 = Rs 150.
so profit = 50 % - 12 years agoHelpfull: Yes(4) No(0)
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