ABC26GN2655 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of
(a)15\%
(b)$16 \frac{1}{6} \%$
(c)$16 \frac{2}{3} \%$
(d)20\%
Answer
Explanation
Clearly, the retailer gets 1 dozen out of 6 dozens free. $$\text { ∴ } \text { Equivalent discount }=\left(\frac{1}{6} \times 100\right) \%=16 \frac{2}{3} \% .$$
Explanation as extracted from the printed page; notation may be imperfect.
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