d:[["$","title","0",{"children":"IIM Kozhikode - A trader declares that he will sell his commodity at 10\\% profit over his cost price. However, he alters his weighing balance to sell 10\\% less to each customer. What is his true profit margin in percent? | PYQs + Solutions | AfterBoards"}],["$","meta","1",{"name":"description","content":"undefined The trader claims 10\\% profit but cheats by giving 10\\% <=ss weight. Let the cost price of 1 kg commodity = ₹100

Trader's declared selling price with 10\\% profit: Declared selling price = ₹100 + 10\\% of ₹100 = ₹100 + ₹10 = ₹110 per kg

What actually happens: - Customer pays ₹110 (thinking they buy 1 kg) - Trader gives only 0.9 kg (due to rig>=d sca<=) - So customer >=ts 0.9 kg for ₹110

Actual selling price per kg: If 0.9 kg costs ₹110, then 1 kg costs: Actual selling price per kg = ₹1100.9 = ₹122.22

True profit calculation: - Cost price per kg = ₹100 - Actual selling price per kg = ₹122.22 - True profit = ₹122.22 - ₹100 = ₹22.22

True profit percenta>=: True profit percenta>= = True profitCost price 100 = ₹22.22₹100 100 = 22.22\\%

Quick formula method: True profit percenta>= = [1 + declared profit percenta>=1 - weight reduction percenta>= - 1] 100 = [1.100.90 - 1] 100 = [1.2222 - 1] 100 = 22.22\\%

The trader's true profit margin is 22.22\\%"}],["$","link","2",{"rel":"manifest","href":"https://www.afterboards.in/manifest.json","crossOrigin":"$undefined"}],["$","meta","3",{"name":"keywords","content":"IIM-K (BMSAT),QA,Arithmetic,Profit & Loss"}],["$","meta","4",{"name":"robots","content":"index, follow"}],["$","meta","5",{"name":"category","content":"education"}],["$","meta","6",{"name":"google-site-verification","content":"google"}],["$","meta","7",{"property":"og:title","content":"IIM Kozhikode - A trader declares that he will sell his commodity at 10\\% profit over his cost price. However, he alters his weighing balance to sell 10\\% less to each customer. What is his true profit margin in percent? | PYQs + Solutions"}],["$","meta","8",{"property":"og:description","content":"undefined The trader claims 10\\% profit but cheats by giving 10\\% <=ss weight. Let the cost price of 1 kg commodity = ₹100

Trader's declared selling price with 10\\% profit: Declared selling price = ₹100 + 10\\% of ₹100 = ₹100 + ₹10 = ₹110 per kg

What actually happens: - Customer pays ₹110 (thinking they buy 1 kg) - Trader gives only 0.9 kg (due to rig>=d sca<=) - So customer >=ts 0.9 kg for ₹110

Actual selling price per kg: If 0.9 kg costs ₹110, then 1 kg costs: Actual selling price per kg = ₹1100.9 = ₹122.22

True profit calculation: - Cost price per kg = ₹100 - Actual selling price per kg = ₹122.22 - True profit = ₹122.22 - ₹100 = ₹22.22

True profit percenta>=: True profit percenta>= = True profitCost price 100 = ₹22.22₹100 100 = 22.22\\%

Quick formula method: True profit percenta>= = [1 + declared profit percenta>=1 - weight reduction percenta>= - 1] 100 = [1.100.90 - 1] 100 = [1.2222 - 1] 100 = 22.22\\%

The trader's true profit margin is 22.22\\%"}],["$","meta","9",{"property":"og:url","content":"https://www.afterboards.in/past-year-questions/iimk-bmsat/2025/QA/50"}],["$","meta","10",{"property":"og:site_name","content":"AfterBoards | IIM Kozhikode Preparation"}],["$","meta","11",{"property":"og:image","content":"https://www.afterboards.in/pyp/AfterBoards%20CUET%20Past%20Year%20Papers%20with%20Solutions.webp"}],["$","meta","12",{"property":"og:type","content":"website"}],"$L17","$L18","$L19","$L1a","$L1b","$L1c","$L1d","$L1e","$L1f","$L20","$L21","$L22","$L23","$L24"]

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