Question

A shopkeepers marked price of an article is 140% of the cost price. He sold the articles under two schemes. Scheme 1 is to sell each article at a discount of 10% and scheme 2 to sell two articles at a discount of 15% each. He sold 60% of the articles under scheme 2 and the remaining under scheme 1. What is his overall gain or loss percentage?

• A. 0.08%loss
• B. 11.8%gain
• C. 13.6%gain
• D. 21.8%gain
• E. 23.6%gain

Answer 1

The Correct Option is D

The correct answer is option (D): 21.8%gain