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A dishonest grocer sells rice at a profi...

A dishonest grocer sells rice at a profit of `10%` and also used weights which are `20%` less than the marked weight. The total gain earned by him will be

A

`35%`

B

`37.5%`

C

`40%`

D

`30.5%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to calculate the total gain earned by the dishonest grocer who sells rice at a profit of 10% and uses weights that are 20% less than the marked weight. ### Step-by-Step Solution: 1. **Assume the Cost Price (CP)**: Let's assume the cost price of 1 kg of rice is ₹100. 2. **Calculate the Selling Price (SP)**: The grocer sells rice at a profit of 10%. Therefore, the selling price can be calculated as: \[ SP = CP + (10\% \text{ of } CP) = 100 + (10\% \text{ of } 100) = 100 + 10 = ₹110 \] 3. **Determine the Actual Weight Sold**: The grocer uses weights that are 20% less than the marked weight. Therefore, if the marked weight is 1 kg (1000 grams), the actual weight sold is: \[ \text{Actual Weight} = 1000 \text{ grams} - (20\% \text{ of } 1000 \text{ grams}) = 1000 - 200 = 800 \text{ grams} \] 4. **Calculate the Cost Price of the Actual Weight**: The cost price of 800 grams can be calculated as follows: \[ \text{Cost Price of 800 grams} = \left(\frac{100 \text{ (CP of 1 kg)}}{1000 \text{ grams}}\right) \times 800 \text{ grams} = \frac{100}{1000} \times 800 = ₹80 \] 5. **Calculate the Profit**: The profit earned by the grocer when selling 800 grams at ₹110 is: \[ \text{Profit} = SP - CP = 110 - 80 = ₹30 \] 6. **Calculate the Profit Percentage**: The profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{Cost Price}} \times 100\right) = \left(\frac{30}{80} \times 100\right) \] Simplifying this gives: \[ \text{Profit Percentage} = \frac{30 \times 100}{80} = \frac{3000}{80} = 37.5\% \] ### Final Answer: The total gain earned by the dishonest grocer is **37.5%**. ---
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