Quantitative Aptitude Ques 13

Question: A dishonest shopkeeper uses false weight. He gains 20% on purchasing and 20% on selling. His profit percentage is

Options:

A) 50%

B) 44%

C) 40%

D) 46%

Show Answer

Answer:

Correct Answer: B

Solution:

  • Here, $ r _1=20 $ %, $ r _2=20 $ %

$ \therefore $ Required profit percentage $ =( r _1+r _2+\frac{r _1r _2}{100} ) $ % $ =20+20+\frac{20\times 20}{100}=44 $ %