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