GMAT
Exam
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A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is increased above the cost price by.
Read Solution (Total 4)
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- let the printed price is 100.
he is selling 16 piece in average price of (96*15)/16=90.
so cost price is:(100*90)/135=200/3.
so in increased 100-(200/3)=100/3
so he increased 50%
- 8 years agoHelpfull: Yes(2) No(0)
- Let MP be Rs 100
Hence after 4% discount, SP becomes Rs 96
Total SP for 15 articles = 96 * 15
=1440
ATQ, gains is 35%, so we can find CP for 16 articles (1 is free with 15 ) = (100/135)*1440
=1066.66
CP for 1 article then = 1066.66/16
= 66.66
So MP is increased above Cost Price = MP for 1 article - CP for 1 article
= 100 - 66.66
= Rs 33.34 - 8 years agoHelpfull: Yes(2) No(1)
- After Dis sp=sp-4%sp=96%sp
Profit=(sp-cp)/cp×100=36
sell 16 artical = 15sp
Total = 15sp+96%sp =211%sp
36%cp+cp=136 %
Sp = 136/211 =68/105 = 64% - 8 years agoHelpfull: Yes(0) No(1)
- 135*16/96*15=3/2
150%
50%extra. answer - 6 years agoHelpfull: Yes(0) No(0)
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