Question 62

A man bought three articles for ₹3,000 each. He sold the articles respectively at 10% profit, 5% profit and 15% loss. The total percentage profit/loss he earned is:

Solution

Total Cost Price of three articles = 3 x 3000 = ₹9,000

Selling Price of article sold at 10% profit = $$\frac{110}{100}\times3000=₹3300$$

Selling Price of article sold at 5% profit = $$\frac{105}{100}\times3000=₹3150$$

Selling Price of article sold at 15% loss = $$\frac{85}{100}\times3000=₹2550$$

Total Selling Price of 3 articles = 3300+3150+2550 = ₹9000

$$\therefore\ $$Total Selling Price = Total Cost Price

$$=$$> There is no profit and no loss

Hence, the correct answer is Option C


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