A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. He also uses a 900 gram weight instead of a 1 kilogram weight. Find his percentage profit due to these maneuvers?
A. 8% B. 12% C. 20% D. 16% Answer: Option CShow Answer
Solution(By Apex Team)
He sells only 900 grams when he takes the money for 1 kg.
and
he sells at a 8% profit (20% markup, 10% discount)
Hence, his selling price is Rs. 108 for 900 grams
% profit = $\frac{18}{90} \times 100=20 \%$
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