Multiple choice

A shopkeeper purchases fabric at a rate of Rs. 220 per meter and receives 10 cm of fabric free for every 100 cm of fabric purchased. He sells the same fabric at a rate of Rs. 270 per meter but deceives his customers by giving 90 cm of fabric for every 100 cm purchased. If the shopkeeper provides a 10% discount, what is the resultant profit percent earned by him?

  1. 18%

  2. 25%

  3. 30%

  4. 35%

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost price for 100cm is 220, but he gets 110cm. CP per cm = 220/110 = 2. Selling price per cm is 270/90 = 3, but with a 10% discount, SP = 3 * 0.9 = 2.7. Profit = 2.7 - 2 = 0.7. Profit % = (0.7 / 2) * 100 = 35%.

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