A marks her goods 25% above CP. She sells 35% of goods at the marked price, 40% at a 15% discount and the remaining at a 30% discount. What is her overall % gain?
Answer & explanation
Correct answer: option 2
25% = \(\frac{1}{4}\)
Let C.P. = 400
then MRP = 500 (@25% profit)
35% = \(\frac{7}{20}\) and 40% = \(\frac{8}{20}\), therefore, let total articles is 20
ATQ,
35% of 20 × 500 (on MRP) = 7 × 500 = 3500
40% of 20 × 425 (on 15% discount) = 8 × 425 = 3400
5 (Rest) × 350 (on 30% discount) = 1750
Total SP = 8650
Total CP = 400 × 20 = 8000
P% = \(\frac{650}{8000}\) × 100% = 8.125%