- 33.3%
- 32.5%
- 35%
- 40%

Option 1 : 33.3%

Free

General Awareness Subject Test 1

7357

20 Questions
20 Marks
20 Mins

Let the cost price of 1 kg of wheat be Rs. 1.

While purchasing he cheated by 20% that means for 1.2 kg he paid the price of only 1 kg.

Cost price of 1.2 kg = 1

Cost price of 1 kg = 1/1.2 = Rs. 5/6

While selling he cheated by 10% that means for 0.9 kg he received the price of 1 kg.

Selling price of 0.9 kg = 1

Selling price of 1 kg = 1/0.9 = Rs. 10/9

Profit = 10/9 - 5/6 = Rs. 5/18

Profit percent = {(5/18)/(5/6)} × 100 = 33.3%
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