Question
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.Solution
Deepak gives goods =20% less. 20% =1/5 Original goods =5 unit after cheat = 4 Deepak steals 20% of the goods i.e. he gives 4 units of goods instead of 5 units of goods and takes a profit of one unit. =1/4×100=25%.
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