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In winters, the meter scale of a cloth merchant shrinks by 10% of its actual length. If the meter scale in its regular condition was rigged…

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In winters, the meter scale of a cloth merchant shrinks by 10% of its actual length. If the meter scale in its regular condition was rigged to measure 10% more than it is supposed to measure, what is the profit / loss percent the cloth merchant makes in winter, if he sell goods at the rate at which he purchase?
  • A1.01%
  • B0.10%
  • C1.10%
  • D1.00%
Answer not set
0
CCommunity
A meter scale is supposed to measure 100cm.

After rigging, the meter scale would be measuring 110 cm.

In winter, the scale shrinks by 10% and thus would measure just 110 × 0.9 = 99 cm.

The cloth merchant would charge for 100cm (as the scale would still read 100) but actually sell just 99 cm.

∴ He would make a profit of $(\frac{1}{{99}} \times 100 = 1.01\%)$
0
CCommunity
110×0.9 =99 cm

1/99 ×100 = 1.0101%