Question

A shopkeeper sells 20% articles at 20% profit and he sells 30% of remaining articles at 25% loss. Now remaining two articles sold at 50% profit. Now find the overall profit/ loss in this transaction?

Answer 1

Answer:

50% profit

Step-by-step explanation:

Here Let articles = 100 and Cost Price = 100

Transaction – 1 – Sells 20% articles at 20% profit

= 20 x 120 / 100 = 24

Transaction – 2 – Sells 30% of remaining articles at 25% loss.

So 30% of remaining articles means 30% of 80

= 80 x 30 / 100 = 24 articles at 25 % loss

=24 x (75 / 100)

= 18

Transaction – 3 – Remaining Sold at 50% profit.

Remaining articles 56 (=100 – 20 – 24) sold at 50% profit

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