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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?
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- 125% 120%
- 100%
- 98.66%
- 120%
Correct Option: A
Let the actual cost price of an article be Rs.1 (in place of x)
Now the purchases goods worth Rs. 120 and pays Rs. 80, since 20% discount is allowed.
So the CP = 80/120 = 2/3
Again MP = 180, SP = 135 (since 25% discount)
Thus the trader sells goods worth Rs.90 instead of 100 g and charges Rs. 135. Therefore the effective SP = 135/90 = 3/2
Therefore Profit (%) = [(3/2 - 2/3 ) / (2/3)] x 100 = 125%
