Question

A tradesman fixed his selling price of goods at 30% above the cost price. He sells half the stock at this price, one-quarter of his stock at a discount of 15% on the original selling price and rest at a discount of 30% on the original selling price. Find the gain percentage altogether?
A.0.14875
B.0.15375
C.0.15575
D.0.16375

Answer 1

Hello,

Let CP = 100

Then,

Marked Price = 130

Now,

Revenue = [(1/2)*130+(1/4)*0.85*130+(1/4)*0.7*130]

= 65 + 27.65 + 22.5

= 115.4

% profit = 15.4*100/100 = 15.4%

Correct option B) 0.15375

Thank you!

Answer 2

B. 0.15375

Hi friend this is ur answer

Hope it helps u