Practicing Success
A marks her goods 25% above the cost price. She sells 25% of the goods at the marked price, 60% at 25% discount and the remaining at 10% discount. What is her overall gain or loss per cent? |
Gain 15.124% Loss 18.175% Loss 3.125% Gain 4.375% |
Gain 4.375% |
Let the cost price of the article = 100 Markup = 25% Then the marked price of the article = 125% of 100 = 125 CP SP 25% 31.25 31.25 (sold at marked price) 60% 75 56.25 ( sold at 25% discount) 15% 18.75 16.875 ( sold at 10% discount) ———————————————— 125 104.375 Profit = 104.375 - 100 = 4.375 Profit% = 4.375 × \(\frac{100}{100}\) = 4.375%
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