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Q.

A shopkeeper cheats to the extent of 10% while buying as well as selling, by using false weights . Find his total gain.


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a

7%

b

14%

c

11%

d

21% 

answer is D.

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Detailed Solution

It is given a shopkeeper cheats to the extent of 10% while buying as well as selling.
So let, while buying Rs paid for n items.
But Rs made a gain of 10% .
Thus Rs. received 1.1xitems.
 Now on selling again Rs. 1.1(1.1x)=1.21x
So, the net profit Rs moles = (1.21xx-1) ×100% 21% Hence, the correct option is (4) .
 
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