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Question

Choose the correct answer from the alternatives given :
A shopkeeper listed the price of goods at 30% above the cost price. He sells half the stock at this price, one fourth of the stock at a discount of 15% and the remaining at 30% discount. His overall profit is

  1. 1538
  2. 15%
  3. 1535
  4. 1523

A
1538
B
1535
C
15%
D
1523
Solution
Verified by Toppr

Let the cost price of goods = Rs. 100
MP of goods = 130100×100 = 130
According to the question.
=12×130+14×85100×130+14×70100×130
= 65+27.625+22.75=115.375
Profit%= 115.375100100×100
=15.375 = 1538%

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