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Deepak sells all his goods available in his shop at the cost price, but he cheats his customer and gives 20% less goods as he should give. Find his % profit.
- A30%
- B33%
- C25%
- D20%
Answer not set
Discussion 1
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CCommunity
As per the given data,
Cost price of goods = selling price of goods
Let the selling price of the goods be Rs.100
Given that 20% less goods, he is giving
∴ Actual selling price of goods = Rs.80 Let the x be the profit
⇒ 80 + (x/100 × 80) = 100
⇒ 80x/100 = 20
⇒ x = 2000/80 = 25%
∴ Profit percent is 25%
Cost price of goods = selling price of goods
Let the selling price of the goods be Rs.100
Given that 20% less goods, he is giving
∴ Actual selling price of goods = Rs.80 Let the x be the profit
⇒ 80 + (x/100 × 80) = 100
⇒ 80x/100 = 20
⇒ x = 2000/80 = 25%
∴ Profit percent is 25%