Question

A manufacture marks his goods at 25% above the cost price. He allows a discount of 15% for cash customers and 10% for credit customers. 4/5 of the goods are sold for cash and the rest on credit. What is the percentage of profit or loss, when all the goods are sold?

A

7.5% Profit

B

9.2% Profit

C

6.3% Loss

D

8% Loss

Hard

Solution

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Correct option is
A

7.5% Profit

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