A shop owner professes to sell his articles at certain cost price but he uses false weights with which he cheats by 15% while buying and by 20% while selling. What is his percentage profit?
Answers
A) 10.22% B) 20.22% C) 21.22% D) 43.75% E) Can't be calculated
The owner buys 100 kg but actually gets 115kg;   The owner sells 100 kg but actually gives 80kg;   Profit:   (115-80)/80*100= 
<gadget id="calculator">  (115-80)/80*100</gadget>
<output>175/4 = around 43.75</output>
~43.75%   Answer: 43.75%.
<result>D</result>
A shop owner professes to sell his articles at certain cost price but he uses false weights with which he cheats by 15% while buying and by 20% while selling. What is his percentage profit?