Profit and Loss Practice Test 6

Question : 35 of 40

Marks: +1, -0

A grocery dealer cheats to the extent of 10% while buying as well as selling by using false weight. What is his increase in the profit %?

Solution:

\table MP, CP, SP;100, 90, 110

Increase profit per cent

={110-90}/90×100

=200/9=22 2/9%

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