A greedy businessman cheats both the seller and buyer by 20%. His real profit is:
A
43%
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B
45%
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C
44%
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D
40%
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Solution
The correct option is C40% Let actual printed C.P.=Rs.125 Price paid by the business man = 80%of125 Profit for him at the time of buying 20%of125=Rs.25 S.P. of the businessman = 120%ofRs.125 Profit for him at the time of selling 20%of125=Rs.25 Total profit =Rs.50 ∴ profit % =50125×100=40%