A shopkeeper buys 12 books at Rs 200 each He sells 8 books at 15 profit He marks up the remaining bo...........

Quantitative Aptitude ( CCS) Profit and loss

A shopkeeper buys 12 books at Rs.200 each. He sells 8 books at 15% profit. He marks up the remaining books by 25% and then offers a discount of 12%. Find the overall profit percentage

11.11%

17.27%

15.23%

13.33%

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Explanation:

CP of 12 books = 200*12 = Rs. 2400
SP of 8 books = 8*1.15*200 = Rs.1840
MP of each remaining book = 200*1.25 = Rs.250
SP of each remaining book = 250*0.88 = Rs.220
SP of each remaining 4 books = 220*4 = Rs.880
Total SP of 12 books = 1840+880 = Rs.2720
Profit% = (2720 – 2400)*100/2400 = 13.33%