Profit, Loss and Discount Questions

Multiple choice
  1. $\displaystyle 5\frac{1}{8}$%
  2. $\displaystyle 9\frac{3}{5}$%
  3. $\displaystyle 12\frac{1}{5}$%
  4. $\displaystyle 15\frac{3}{8}$%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP = 100. SP = 130. Half stock (50) sold at 130: Revenue = 65. Quarter (25) at 15% discount on 130 (110.5): Revenue = 27.625. Remaining quarter (25) at 30% discount on 130 (91): Revenue = 22.75. Total Revenue = 65 + 27.625 + 22.75 = 115.375. Gain = 15.375%. 15 3/8 = 15.375.