A merchant marks his goods at 50% above cost price. He sells \(\frac{1}{3}\) rd of the stock at this rate, \(\frac{1}{3}\) rd of the remainder at a discount of 4% and the rest at cost price. His gain per cent is approximately Options: A . &nbsp24 B . &nbsp25 C . &nbsp26 D . &nbsp27

A merchant marks his goods at 50% above cost price. He sells \(\frac{1}{3}\)r

Question

A merchant marks his goods at 50% above cost price. He sells \(\frac{1}{3}\)rd of the stock at this rate,\(\frac{1}{3}\)rd of the remainder at a discount of 4% and the rest at cost price. His gain per cent is approximately

Options:

A . 24

B . 25

C . 26

D . 27

Answer: Option C

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