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A dishonest dealer defrauds his seller and buyer by using forged weights to the extent of 20%. His true gain per cent is

  1. A
    20%
  2. B
    40%
  3. C
    44%
  4. D
    50%

Solution & Step-by-step Explanation

When a dealer cheats both the seller (while buying) and the buyer (while selling) by a percentage , the overall gain percentage can be calculated using the successive percentage formula:


Given :





Thus, his true gain percent is .

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Try it yourself before checking the explanation above.

A dishonest dealer defrauds his seller and buyer by using forged weights to the extent of 20%. His true gain per cent is
A
20%
B
40%
C
44%
D
50%

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