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A dishonest dealer defrauds to the exten...

A dishonest dealer defrauds to the extent of x% in buying as well as selling his goods by using faulty weight. What will be the gain percent on his outly?

A

`(2x+(x^2/100))`%

B

`((10/x)+x^2)`%

C

`(x^2/100)`%

D

`(2x-(x^2/100))`%

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of a dishonest dealer who defrauds by x% in both buying and selling, we can follow these steps: ### Step-by-Step Solution: 1. **Understanding the Problem**: The dealer cheats by x% while buying and x% while selling. We need to find the overall gain percentage on his outlay. 2. **Calculating the Effective Gain**: When the dealer buys goods, he pays for only (100 - x)% of the actual value. This means if the cost price (CP) is 100 units, he effectively pays: \[ \text{Effective CP} = 100 - x \] 3. **Selling Price Calculation**: When he sells the goods, he sells them at (100 + x)% of the cost price. Therefore, the selling price (SP) becomes: \[ \text{SP} = 100 + x \] 4. **Finding the Gain**: The gain can be calculated as: \[ \text{Gain} = \text{SP} - \text{Effective CP} \] Substituting the values we found: \[ \text{Gain} = (100 + x) - (100 - x) = 100 + x - 100 + x = 2x \] 5. **Calculating Gain Percentage**: The gain percentage is calculated based on the effective cost price: \[ \text{Gain Percentage} = \left(\frac{\text{Gain}}{\text{Effective CP}}\right) \times 100 \] Substituting the values: \[ \text{Gain Percentage} = \left(\frac{2x}{100 - x}\right) \times 100 \] 6. **Final Formula**: Simplifying the expression gives us: \[ \text{Gain Percentage} = \frac{200x}{100 - x} \] ### Conclusion: The gain percentage on the outlay for a dishonest dealer who cheats by x% in both buying and selling is given by: \[ \text{Gain Percentage} = \frac{200x}{100 - x} \]
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