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      Question

      A shopkeeper sells his article at a loss of 5% but

      dishonestly gives 20% less weight. So find out his overall profit and Loss?
      A 18*3/4%, Profit Correct Answer Incorrect Answer
      B 18*3/4%, Loss Correct Answer Incorrect Answer
      C 15*2/5%, Profit Correct Answer Incorrect Answer
      D 15*2/5%, Loss Correct Answer Incorrect Answer

      Solution

      Let the cost of article = Rs. 100 Then, Selling Price = Rs. 95 But he gives 20% less weight So, cost of the 80% article = Rs. 80 Profit = 95 – 80 = Rs. 15 Profit % = 15/80 × 100 = 18*3/4%

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