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A dishonest salesman buys x% more grains than what he pays for ,while selling he uses counterfeit weight which measures 800 grams for every 1000 grams. If he sells the item at 10% above the cost price and earn an overall profit of 65%, then find the value of x.
20%
25%
35%
15%
The original weight to be bought and sold is 1000gm but he bought x% more and sold only 800gm. So he bought 1000 × (1+ x/100) gms and sells only 800gms for every 1000 gms He further sells at 10% above the cost price, so we can say he sells only 800 × (10/11) gms instead of 800gms So he sells only 800 × (10/11) gms for every 1000 × (1 + x/100) gms bought which earns him a profit of 65%. 800 × (10/11) (165/100) = 1000(1 + x/100) We get, x = 20%
By: Amit Kumar ProfileResourcesReport error
sunny kumar
Where did this 10/11 came from?
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