### A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed?

A. 100% B. 80% C. 75% D. $66 \frac{2}{3} \%$ Answer: Option A

### Solution(By Apex Team)

Let the ware listed x% above C.P. and Let C.P. be W According to question, $\mathrm{W} \times\left(1+\frac{\mathrm{x}}{100}\right) \times \frac{4}{5} \times 12 \times \frac{1}{16}=\mathrm{W} \times \frac{6}{5}$ Solving we get x = 100 Thus his wares were listed 100% above C.P.

## Related Questions on Profit and Loss

A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51

A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000

### A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%