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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 outlay?

A

( 2x%)

B

`(10/x+x^2)`

C

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

D

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

Text Solution

AI Generated Solution

The correct Answer is:
To find the gain percent on the outlay for a dishonest dealer who defrauds by x% in both buying and selling, we can use the formula for successive percentage changes. Here’s the step-by-step solution: ### Step 1: Understand the Problem The dealer defrauds by x% when buying and also by x% when selling. This means that he effectively gains from both transactions. ### Step 2: Use the Successive Change Formula The formula for calculating the overall gain percent when there are two successive changes is given by: \[ \text{Gain Percent} = a + b + \frac{a \times b}{100} \] where: - \(a\) is the gain percent in the first transaction (buying), - \(b\) is the gain percent in the second transaction (selling). ### Step 3: Substitute Values In this case, both \(a\) and \(b\) are equal to \(x\) (the percentage by which the dealer defrauds): \[ \text{Gain Percent} = x + x + \frac{x \times x}{100} \] ### Step 4: Simplify the Expression Combine the terms: \[ \text{Gain Percent} = 2x + \frac{x^2}{100} \] ### Step 5: Final Expression Thus, the gain percent on his outlay is: \[ \text{Gain Percent} = 2x + \frac{x^2}{100} \] ### Summary The gain percent on the outlay for the dishonest dealer who defrauds by x% in both buying and selling is given by the formula: \[ \text{Gain Percent} = 2x + \frac{x^2}{100} \] ---
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