Question:
A trader buys 240 watches for ` 50,400 and he marks each of them at ` 320. He gives a discount of 15% on each watch and gives 1 watch free on a purchase of 5 watches. What is his minimum possible overall percentage of profit?
A trader buys 240 watches for ` 50,400 and he marks each of them at ` 320. He gives a discount of 15% on each watch and gives 1 watch free on a purchase of 5 watches. What is his minimum possible overall percentage of profit?
Updated On: Jul 26, 2024
- 0.059
- 0.061
- 0.066
- 0.072
- 0.079
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The correct answer is option (E): 0.079
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