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Question

A dishonest trader marks up his goods by 80% and gives discount of 25% . Besides he gets 20% more amount per kg from wholeseller and sells 10% less per kg to customer. What is the overall profit percentage ?

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Solution

Let the cost price of good be C
His actual cost price = C×1012 since he get 20% more
Then Marked price = 1810C
Sale price = 1810C ×34
Actual sale price = 1810C ×34 ×109 since he gives 10% less
So Overall profit percentage = 2003%

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