Question

- A producer marks his good 80% more than the cost price.
He allows 20% discount for cash payers and 15% discount
for those who pay through installment and 10% discount
for borrowers. The sells 1/3 part of article to cash payers
and 2/5 part to installment payer and remaining to
borrower. If he sells all the articles then what is his gain or loss percent​

Answer 1

Let the cp of 1 article is x

MP=180% of x

MP=1.8x

SP for cash payer=80% of 1.8x=1.44x

SP for installment =85 of 1.8x=1.53x

SP for borrowing =90 of 1.8x=1.62x

Article sold to borrowers 1/3 + 2/5 + borrowing =1

borrowing =(5+6)/15

borrowing =11/15

SP OF CASH PAYER=144x/300

SP OF INSTALLMENT =306x/500

SP OF BORROWERS =1782x/1500

Total SP=(720+918+1782)/1500

Total SP=3420x/1500

Total SP of one article =2.28x

Gain=SP-CP

Gain=2.28x-x

Gain=1.28x

Gain%=1.28x×100/x

Gain%=128%

Hope it helps

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