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Directions : Abhishek bought some chairs...

Directions : Abhishek bought some chairs and tables from a shopkeeper. The marked price of a chair and a table were in the ratio 5:8. The shopkeeper gave discounts of 20% and 25% on the chair & the table respectively. The ratio of number of chairs and tables bought by Abhishek is 6:5.
If Abhishek sells each chair and table bought by him at discounts of 25% and 20% respectively after marking up the prices of both by 50% and gives one table free for every four chairs bought by a customer and only `(2)/(3)`rd of the total chairs are sold in bunch of four chairs, then what is the net profit /loss % made by Abhishek after selling all of the items which he bought from the shopkeeper?

A

`6(2)/(3)%`

B

`3(1)/(3)%`

C

`2(1)/(2)%`

D

`4(1)/(4)%`

Text Solution

Verified by Experts

The correct Answer is:
B
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