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## #1 2015-04-17 05:23:04

### Overall Profit Percentage:

**Question:**

A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?

**Option A):**

50%**Option B):**

70%**Option C):**

80%**Option D):**

60%

**Correct Answer is Option C):**

80%

**Explanation:**

CP = 100/120 = 10/12 [Since, he purchases 120 g and pays Rs. 100, by assumption actual CP of 1 g = Re. 1]

SP = 135/90 = 3/2 = 18/15 [Since, Actual MP = 180 as he mark Up 80% above, SP = 135, with 25% discount and he sells 90 g instead of 100g]

Percentage Profit = {[(18/12) - (10/12)] /(10/12)} *100 = 80%.

You cannot discover the new oceans unless you have the courage to lose the sight of the shore.

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## 2015-04-17 05:23:04

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### Re: Overall Profit Percentage:

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