CMAT 2013 Solved Question Paper

Question : 12 of 100

Marks: +1, -0

A retailer cheats both to his wholeseller and his customer by 10% by his faulty balance i.e., he actually weighs 10% more while purchasing from wholeseller and weighs 10% less while selling to his customer. What is the net profit percentage, when he sells at CP?

22 $2/11$ %
22 $2/9$ %
20%
21%

Validate

Solution:

(d) While purchasing from whole sale dealer the person gains = 10% and while selling his goods, he gains from customer = 10%
Then, his over all profit =

(10+10+{10×10}/100)

% = (20 + 1)% = 21%

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