Question

A man sold 2/3 of the material he has at the rate of 15% profit and the remaining at a loss of 6%. Did he get a profit or Loss? And what is the %?​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

Profit of 8%

Step-by-step explanation:

Assuming the cost price of his material to be Rs.90,

he sold 2/3 of it i.e. of Rs.60 at a profit of 15%

=60x15/100

therefore profit was Rs.9 and thus the selling price was Rs.69

He sold the rest that is of Rs.30 at a loss of 6% which amounts to Rs.1.8 and thus the selling price is Rs.28.2

The total of selling price= 69+28.2= Rs.97.2

Therefore, there is a profit of Rs.7.2 on the cost of Rs.90 which is 8% of 90.

I hope this solves your doubt.