A shopkeeper cheats to the extent of 10% while buying as well as selling, by using false weights. His total gain in % is:
10%
11%
20%
21%
22(2/9)%
Rule : Gain % = (100+commongain%)100−100
Gain % = [(100+10)2100−100]%=(12100−10000100)%=21%.
A dishonest dealer defrauds, by false balance to the extent of 10% in buying as well as selling his goods. Find its gain percent.
A dishonest trader using a faulty balance makes a profit of 5% while buying as well as while selling his goods. His actual gain percent in the whole process amounts to,