Question 56

A man bought three articles for ₹3,000 each. He sold thearticles respectively at 15% profit, 10% profit and 15% loss. The total percentage profit/loss he earned is:

Solution

C.P of 3 articles each costing 3000 is 9000

he sold these 3 articles with 15% profit,10%profit and 15%loss

i.e;

3000*1.15=3450

3000*1.1=3300

3000*0.85=2550

sum of these selling prices is 3450+3300+2550=9300

total C.P - total s.P = 300

profit percentage is $$\frac{300}{9000}\times\ 100$$

=>$$\frac{10}{3}\%\ $$ profit (since c.p is less than s.p)

hence answer is option c

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