Pankaj marks his goods 25% above the cost price. He sells 40% of goods at the marked price, 25% at 15% discount

March 30, 2024

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Pankaj marks his goods 25% above the cost price. He sells 40% of goods at the marked price, 25% at 15% discount and the remaining at 20% discount. What is his overall percentage gain?

(a) 11.25%

(b) 11.42%

(c) 11.5625%

(d) 12.125%

Sol:

Pankaj marks his goods 25% above the cost price. He sells 40% of goods at the marked price, 25% at 15% discount

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