A man bought 3 articles for Rs 3000 each. He sold it for 15%profit , 10% profit and 15% loss . The total profit/ loss percentage he earned is?
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Given:
- A man bought 3 articles for Rs 3000 each.
- He sold one article on 15% profit, second on 10% profit and third on 15% loss.
To find:
- Total profit or loss percentage he earned.
On first article
CP = Rs 3000
Profit % = 15%
Therefore,
SP = 15/100×3000
Total SP = 3000+450 =3450
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On second article
CP = 3000
Profit% = 10%
Therefore,
SP = 10/100×3000
Total SP = 3000+300 = 3300
━━━━┅━━━┅━━━━━━━━┅━━━┅━━━━
On third article
CP = 3000
Loss % = 15%
Therefore,
SP = 15/100×3000
Total SP = 3000 - 450 = 2550
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Now,
Total CP of three articles
Total SP of three articles
Therefore,
As we can see that SP > CP
So there is a profit on the whole transaction
Profit = SP - CP
Profit % = P/CP ×100
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