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A dishonest dealer purchases goods at 20...

A dishonest dealer purchases goods at `20%` discount of the cost price of Rs x and also cheats his wholesaler by getting `20%` extra through false weighing, per kg. Then, he marks up his goods by `80%` of x, but he gives a discount of `25%` besides he cheats his customer by weighing `10%` less than the required. What is his overall profit percentage?

A

`125%`

B

`100%`

C

`98.66%`

D

`120%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to break down the transactions of the dishonest dealer and calculate the overall profit percentage. ### Step 1: Calculate the Cost Price (CP) The dealer purchases goods at a 20% discount on the cost price (CP) of Rs x. Let's assume the cost price (CP) is Rs 100 for simplicity. - Discount = 20% of 100 = Rs 20 - Effective Cost Price (ECP) = 100 - 20 = Rs 80 **Hint:** Remember that the effective cost price is the price after applying the discount. ### Step 2: Calculate the Quantity Purchased The dealer cheats his wholesaler by getting 20% extra through false weighing. - Actual quantity he should receive = 1 kg = 1000 grams - Extra quantity = 20% of 1000 grams = 200 grams - Total quantity received = 1000 grams + 200 grams = 1200 grams **Hint:** When calculating quantities, always consider the percentage increase or decrease carefully. ### Step 3: Calculate the Marked Price (MP) The dealer marks up his goods by 80% of the cost price (CP). - Marked Price (MP) = CP + 80% of CP = 100 + 80% of 100 = 100 + 80 = Rs 180 **Hint:** The marked price is the price before any discounts are applied. ### Step 4: Calculate the Selling Price (SP) after Discount The dealer gives a discount of 25% on the marked price. - Discount = 25% of 180 = Rs 45 - Selling Price (SP) = MP - Discount = 180 - 45 = Rs 135 **Hint:** Always subtract the discount from the marked price to find the selling price. ### Step 5: Calculate the Actual Quantity Sold The dealer cheats his customer by weighing 10% less than the required amount. - Actual quantity he should sell = 1000 grams - Quantity sold = 1000 grams - 10% of 1000 grams = 1000 - 100 = 900 grams **Hint:** Remember to adjust the quantity sold based on any cheating or discrepancies. ### Step 6: Calculate the Effective Selling Price per kg Now, we need to find out how much he effectively sold per kg. - Effective Selling Price per kg = SP / Quantity sold = 135 / 0.9 kg = Rs 150 **Hint:** When calculating effective prices, divide the total selling price by the actual quantity sold. ### Step 7: Calculate the Profit Now we can calculate the profit made by the dealer. - Cost Price for 900 grams = (80 / 1200) * 900 = Rs 60 - Selling Price for 900 grams = Rs 135 - Profit = Selling Price - Cost Price = 135 - 60 = Rs 75 **Hint:** Profit is calculated by subtracting the cost price from the selling price. ### Step 8: Calculate the Overall Profit Percentage Finally, we can calculate the overall profit percentage. - Profit Percentage = (Profit / Cost Price) * 100 - Profit Percentage = (75 / 60) * 100 = 125% **Hint:** To find the profit percentage, always divide the profit by the cost price and multiply by 100. ### Conclusion The overall profit percentage of the dishonest dealer is **125%**. ---
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