Math Problem Statement

Atul is a dishonest shopkeeper uses a faulty weight while selling items to his customers. He sold 'x' grams to Varun instead of 'x + 120' grams and '2x - 1000' grams to Sachin instead of 'x + 340' grams. Then what is the profit percent earned by Atul?

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentages

Formulas

Profit percent formula: Profit Percent = ((Profit / Cost) * 100)

Theorems

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Suitable Grade Level

High School