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 $ %