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Radhey Lal markup the prices of sweets by 40% and he sold only 40% of those at this price. He sells half of the rest at 142/4% discount and rest at 25% discount. What is the net profit of Radhey Lal?
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- 26.5%
- 23.5%
- 30%
- 28.6%
Correct Option: B
Let the number of the sweets be 100 and the cost price of the one piece of sweet = Re.1
Then, total cost price = 100 x 1 = Rs. 100
Total sale price = (40 x 1.4) + (30 x 1.2) + (30 x 1.05) =123.5
∴ Profit (%) = 123.5 - 100 = 23.5%
