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Discussion

  1. A retailer bought 20 kg tea at a discount of 10%. Besides 1 kg tea was freely offered to him by the wholesaler at the purchase of 20 kg tea. Now he sells all the at marked price to a customer.What is the profit percentage of retailer?
    1. 30%
    2. 12%
    3. 16.66%
    4. none of these
  1. Correct Option: C

    Let the MP 1 kg tea be Rs. 1,
    Then CP of 20 kg with discount = 20 x 0.9 = Rs.18
    Also 1 kg tea is free. So the retailer gets tea worth Rs. 21 by paying Rs. 18 only.

    profit % = ( goods left / goods sold) x 100
    = (21-18 / 18 x 100 = 16.66 %

    (Since the retailer earn Rs. 3 on each Rs.18)

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