A trader cheats both his supplier and customer by using faulty weights. When he buys from the supplier, he takes 20% mor

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Q 2475823766.     A trader cheats both his supplier and customer by using faulty weights. When he buys from the supplier, he takes 20% more than the indicated weight. If the quantity of the product sold at cost price (i.e. charges the cost price of the indicated weight) is 20% less than the indicated weight, what is his profit percent?
IBPS-CLERK 2017 Mains
A

25%

B

40%

C

75%

D

50%

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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