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7.Profit and Loss
hard
A trader marked his goods at $20 \%$ above the cost price. He sold half the stock at the marked price, one quarter at a discount of $20 \%$ on the marked price and the rest at a discount of $40 \%$ on the marked price. His total gain is in $\%$?
A
$2$
B
$4.5$
C
$13.5$
D
$15$
Solution
Here, Total discount on $MP$
$=\left[\frac{1}{2} \times 0+\frac{1}{4} \times 20+\frac{1}{4} \times 40\right] \%$
[where half is sold at $MP,$ one$-$fourth $20\%$ discount, one$-$fourth $40 \%$ discount $]=15 \%$
Now, If $C P$ (assume) $=$ $Rs.$ $x$
then $MP =20 \%$ above $CP = Rs .1 .2 x$
$MP$ after $15 \%$ discount $=85 \%$ of $1.2 x=$ $Rs.$ $1.02 x$
$\operatorname{Gain} \%=\frac{1.02 x-x}{x} \times 100=2 \%$
Standard 13
Quantitative Aptitude
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