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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

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

  • Option 1)

    15.675%

  • Option 2)

    15.40%

  • Option 3)

    15.575%

  • Option 4)

    16.375%

  • Option 5)

    14.875%

Answers (1)
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Let CP = 100               MP = 130

Revenue =   \left [ \left ( \frac{1}{2} \times 130\right )+\left ( \frac{1}{4} \times 130\times .85\right ) +\left ( \frac{1}{4}\times 130\times .7 \right )\right ]

\Rightarrow 115.4

P % = 15.4%

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