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Question

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 C 40%
Let actual printed C.P.=Rs.125
Price paid by the business man = 80% of 125
Profit for him at the time of buying 20% of 125=Rs.25
S.P. of the businessman = 120% of Rs.125
Profit for him at the time of selling 20% of 125=Rs.25
Total profit =Rs.50
profit % =50125×100=40%

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