by **sadmin** » Fri Jun 22, 2018 3:34 am

QCS-8- Q NO.26

For such questions always assume the values of cost price and the number of units in the consignment in such a way that the total cost comest to Rs 100. ( It simplifies our calculation)

assume CP = Re 1 AND Number of units in teh consignment = 100 units

Total Cost= Rs 100

Marked Price = CP + 50% OF CP = 1 + 50% OF 1= 1.5 Rs

Similarly, there are two SPs given one of which is the CP itself and the ohter one is discounted by 4 %

SP1 = 1.5 - 4% OF 1.5 = 1.44 Rs

Now when the merchant Sells his good - he sells one third at the marked price, onethird of the remainder at 1.44 Rs ( 4% discount) and the rest at CP

His net realization would be as follows

100/3 units @ 1.5 Rs = 50 Rs thus the balance units = 100-100/3 = 200/3 UNITS

1/3rd of 200/3 = 200/9 units he sold at 1.44 Rs

200/9 *1.44 = Rs 32 AND NOW, The balance units = 200/3 - 200/9 = 400/9 units

The remaining units he sold at 1 re . His realization on them would be

200/9 *1 = 44.44

Total realization = 50 + 32 + 44.44 = 126.44

Thus the profit % = (126.44 -100)/100 *100 = 26.44%