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A shopkeeper gives an offer of "Buy two get three free". Find his loss percentage if he sells at cost price?
- A50%
- B200%
- C150%
- D60%
Answer not set
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CCommunity
Let the CP of the article be A
Given,
⇒ SP = CP
⇒ "Buy two get three free" means if someone buys 2 article, he gets 3 extra for free
⇒ In terms of price, the customer pays for 2 articles and gets 5 in return
⇒ CP of 5 articles = 5A
⇒ SP of 5 articles = 2A
⇒ Loss = [(CP - SP)/CP] × 100
⇒ Loss = [(5A - 2A)/5A] × 100
⇒ Loss = (3A/5A) × 100
⇒ Loss = 60%
Given,
⇒ SP = CP
⇒ "Buy two get three free" means if someone buys 2 article, he gets 3 extra for free
⇒ In terms of price, the customer pays for 2 articles and gets 5 in return
⇒ CP of 5 articles = 5A
⇒ SP of 5 articles = 2A
⇒ Loss = [(CP - SP)/CP] × 100
⇒ Loss = [(5A - 2A)/5A] × 100
⇒ Loss = (3A/5A) × 100
⇒ Loss = 60%