A dishonest seller sells the goods at 10% loss on the cost price but uses 25% less weight. What is the percentage profit or loss?
Correct Answer: Option D
Suppose , he buys a good of 1 kg at 100 tk
Hence, cost price = 100 tk /kg
Since, he sells the goods at 10% loss on the cost price but uses 25% less weight
So , He sells 750gm of the goods at 90 tk
Hence, Selling price of 1000gm of the goods = ( 90/750) ×1000 = 120 tk
Total profit = 120-100 = 20 tk on a cost price of 100 tk
Hence, Profit percentage = 20%
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