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A tradesman  gives 4% discount on the marked price and gives 1 article free for buying every 5 articles and thus gains 25%. How much percent is the marked price more than the cost price?
  • a)
    45.75%
  • b)
    56.25%
  • c)
    65.75%
  • d)
    48.50%
Correct answer is option 'B'. Can you explain this answer?
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A tradesman gives 4% discount on the marked price and gives 1 article ...
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A tradesman gives 4% discount on the marked price and gives 1 article ...
Given:
Discount offered = 4%
Free article for every 5 articles bought
Gain = 25%

To find:
Marked price more than the cost price in percentage

Solution:
Let us assume that the cost price of each article is Rs. 100.
Let the marked price of each article be MP.

Discount offered = 4%
Hence, selling price of each article after discount = MP - 4% of MP = 0.96MP

Free article for every 5 articles bought
Hence, effective selling price for each article = (Total cost of 6 articles) / 6
= (5*0.96MP + 1*0) / 6
= 0.8MP

Gain = 25%
Hence, 0.8MP = 1.25*100
=> MP = Rs. 156.25

Therefore, the marked price is 56.25% more than the cost price.

Answer:
The correct option is (b) 56.25%.
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A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 5 articles and thus gains 25%. How much percent is the marked price more than the cost price?a)45.75%b)56.25%c)65.75%d)48.50%Correct answer is option 'B'. Can you explain this answer?
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A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 5 articles and thus gains 25%. How much percent is the marked price more than the cost price?a)45.75%b)56.25%c)65.75%d)48.50%Correct answer is option 'B'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 5 articles and thus gains 25%. How much percent is the marked price more than the cost price?a)45.75%b)56.25%c)65.75%d)48.50%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 5 articles and thus gains 25%. How much percent is the marked price more than the cost price?a)45.75%b)56.25%c)65.75%d)48.50%Correct answer is option 'B'. Can you explain this answer?.
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