Latest Elitmus Aptitude Question SOLUTION: a seller by means of a false weight defrauds 10% in buying goods and also defrauds 10% in selling.his gain percent is how much?

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(#M40164419) ELITMUS Numerical Ability question Keep an EYE

a seller by means of a false weight defrauds 10% in buying goods and also defrauds 10% in selling.his gain percent is how much?

Asked In Elitmus Sniper (7 years ago)

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Read Solution (4) :

pritesh  (7 years ago)

let suppose sell 1 kg = 1000gm .
when he buy 1 kg he cheat 10 %(given).
i.e actually buy 1100gm.
now , when he sell 1 kg he cheat 10%(given).
i.e sell only 900gm.
now please see in the que it also say that ,
the amount 1 kg is same when he buy and when he sell .
i.e he trade at the same price.(i.e use profit % formula if wieght is known)
profit % = good left/goods sold * 100.
gain % = (1100gm - 900gm)/900gm *100.
gain % = 22.22%(ans)

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satyam mishra  (7 years ago)

profit=10+10+(10*10)/100

=21% profit

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vijay pandey  (6 years ago)

100......................110;
100.......................90;
------------------------------
profit ..................20 on 90;
Therefore profit % =20*90/100 = 22.22%

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  (5 years ago)

(2/9)×100=22.2%

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