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A dishonest dealer sells his goods at 10...

A dishonest dealer sells his goods at 10% loss on cost price but uses 20% less weight. What is his profit or loss per cent?

A

12% loss

B

22.5% gain

C

13.9% loss

D

12.5% gain

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will analyze the situation involving the dishonest dealer who sells goods at a loss while using less weight. ### Step 1: Understand the Problem The dealer claims to sell 1000 grams of goods but actually sells only 800 grams due to using 20% less weight. He also sells these goods at a 10% loss on the cost price. ### Step 2: Assume a Cost Price Let's assume the cost price (CP) of 1000 grams of goods is ₹1000. ### Step 3: Calculate the Actual Weight Sold Since the dealer uses 20% less weight, the actual weight he sells is: \[ \text{Actual weight} = 1000 \text{ grams} - (20\% \text{ of } 1000 \text{ grams}) = 1000 \text{ grams} - 200 \text{ grams} = 800 \text{ grams} \] ### Step 4: Calculate the Cost Price of the Actual Weight Sold The cost price of 800 grams can be calculated as follows: \[ \text{CP of 800 grams} = \left(\frac{800}{1000}\right) \times 1000 = ₹800 \] ### Step 5: Calculate the Selling Price The dealer sells at a 10% loss on the cost price of 1000 grams. Therefore, the selling price (SP) can be calculated as: \[ \text{SP} = \text{CP} - \text{Loss} = 1000 - (10\% \text{ of } 1000) = 1000 - 100 = ₹900 \] ### Step 6: Calculate the Profit or Loss Now, we can determine the profit or loss: \[ \text{Profit or Loss} = \text{SP} - \text{CP of actual weight sold} = 900 - 800 = ₹100 \] ### Step 7: Calculate the Profit Percentage To find the profit percentage, we use the formula: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{CP of actual weight sold}}\right) \times 100 = \left(\frac{100}{800}\right) \times 100 = 12.5\% \] ### Final Answer The dealer makes a profit of **12.5%**. ---
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