Discussion
A trader buys 12 fans for ₹ 24,000. He marks each fan at 25% above the cost price. If he sells all fans by giving 10% discount on the marked price, then his overall profit (in ₹) is :
Answer: B
The overall profit is ₹ 3000.
\[ \begin{aligned} \text{MP} &= 24000 \times 1.25 = 30000 \\ \text{SP} &= 30000 \times 0.90 = 27000 \\ \text{Profit} &= 27000 - 24000 = 3000 \end{aligned} \]
The net effect is \(1.25 \times 0.9 = 1.125\), a 12.5% profit on 24,000. Taking the discount on the cost price instead, 24,000 × 1.25 - 2,400 = 27,600, gives a profit of 3,600, which is not offered; the listed distractors come from similar slips.
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