Multiple choice

A shopkeeper marked up the price of an item by 96% on the actual cost price and allows the discount of 25%. If he gave 2 items free on every dozen purchase, then find the profit percent on sale of 1 dozen items?

  1. 35%

  2. 36%

  3. 25%

  4. 26%

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP = 100. MP = 196. SP = 196 × 0.75 = 147. For 14 items (12 paid + 2 free), total CP = 1400, total SP = 147 × 12 = 1764. Profit% = (1764-1400)/1400 × 100 = 26%. Track costs and revenue carefully when free items are involved.