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Profit, Loss and Discount · UPSC CDS/OTA · Question 24 of 30

Profit, Loss and Discount: 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, Loss and Discount for UPSC CDS/OTA.

Topic
Profit, Loss and Discount
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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Q · Profit, Loss and DiscountMedium · 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, Loss and Discount
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Final Answer: Option B - 15.375%
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A tradesman fixed his selling price of goods at 30%… - Profit, Loss and Discount (Mathematics) Solved Question