Practicing Success
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? |
8.425% 8.125% 8.437% 9% |
8.125% |
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% |