Radha marks her goods 25% above the cost price. She sells 35% of goods at the marked price, 40% at 15% discount and the remaining at 20% discount. What is her overall percentage gain?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 ie 11.25
Quantity Profit
35% 7 +25%
40% 8 +6.25%
25% 5 0
100 → 125 (-15% / -18.75) (106.25)
Applying weighted average
= 225/20 = 11.25