A shopkeeper gives 12% discount on the marked price and gives two articles free on buying every 14 a

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09 Jun 2022 Profit & Loss

A shopkeeper gives 12% discount on the marked price and gives two articles free on buying every 14 articles and thus gain 26%. The marked price is above the cost price by

OPtion

1) 54.54%
2) 33.33%
3) 63.63%
4) 36.36%
5) 66.66%
6) 72.72%
7) 48.48%
8) 31.81%
9) 41.66%
10) None of these

Solution

On MP of 14 articles, shopkeeper is giving 12% discount and 2 articles free. Thus on selling 16 articles he is gaining 26%.
⇒ 88% of MP of 14 articles = 126% of CP of 16 srticles
(88/100)*14*MP = (126/100)*16*CP
MP/CP = 18/11
In % MP above CP = [(18-11)/11]x100 = 63.63%
Correct Option 3)

Correct Option: 3 Best Solution (1)

G.S.Kantharao   2 years AGO

Let c.p of 16 objects =₹1600
% of profit =26%
S.P of 14 objects =₹2016
S.P of each =₹2016/14=₹144
M.P of each =14400/88=₹1800/11=₹163.63
So more is ₹63.63
% of more =6363/100=63.63%
My option is 3 👈

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