A seller gets ‘buy 1 get 1 free’ as an offer from company, but offers customer ‘buy 2 get 1 free’ offer and sells the product at 20% above the cost price. Find his profit percentage.
1
40%
2
50%
3
60%
4
75%
A seller gets ‘buy 1 get 1 free’ as an offer from company, but offers customer ‘buy 2 get 1 free’ offer and sells the product at 20% above the cost price. Find his profit percentage.