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Profit and loss · EPFO APFC · Question 24 of 55

Profit and loss: 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 the rest at a discount of 30% on the original selling price. Find the gain percent altogether.

Step-by-step solution. Profit and loss for EPFO APFC.

Topic
Profit and loss
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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Q · Profit and lossMedium · 45s

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 the rest at a discount of 30% on the original selling price. Find the gain percent altogether.

TopicProfit and loss
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

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Solution illustration 1Solution illustration 2
Final Answer: Option B - 15.375%
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A tradesman fixed his selling price of goods at 30%… - Profit and loss (Mathematics) Solved Question