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:
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
Create a FREE account and get: