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 2326234171.     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. When he sells to the customer, he gives 20% less than the indicated weight. If he sells at cost price (i.e. charges the cost price of the indicated weight), what is his profit percent?
IBPS-PO 2017 Mock Mains
A

`20%`

B

`10%`

C

`11 1/9 %`

D

`50%`

E

`9 1/11 %`

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

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