A shopkeeper gives 12% discount on the marked price and gives two articles free on buying every 14 articles and thus gain 26%. The marked price is above the cost price by
On MP of 14 articles, shopkeeper is giving 12% discount and 2 articles free. Thus on selling 16 articles he is gaining 26%.
⇒ 88% of MP of 14 articles = 126% of CP of 16 srticles
(88/100)*14*MP = (126/100)*16*CP
MP/CP = 18/11
In % MP above CP = [(18-11)/11]x100 = 63.63%
Correct Option 3)
The highest form of pure thought is in mathematics
Plato
Language is remarkable, except under the extreme constraints of mathematics and logic, it never can talk only about what it's supposed to talk about but is always spreading around.