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Mahesh Sandeboina

· started a discussion

· 1 Months ago

ANSWER (Question: 271961.0 )

HOW 7.14% BECAME 13/14

Question:

A trader marks up his goods by 50%. However, he could sell only  13    of his stock at this price. The  12    of the remaining stock was sold at a discount of 7.14% and the remaining at 16.67% discount. Find the overall profit of the trader?

Options:
A)

38%

B)

42%

C)

34%

D)

29%

Solution:

Ans: (a)

  

Viral India

· commented

· 1 Months ago

7.14=1/14.....discount given is cp/14..so rest is 13cp/14
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