Arun invests Rs.21000 in shares of a company. He sells one-third of total shares
at a profit of 10%. But the remaining shares he has to sell at 5% loss. Find his
overall profit of loss%.
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Answer:
Total share=Rs 21,000
Sell 1/3 at a profit 10%
1/3 means= Rs21,000/3= Rs7,000
Selling price= 110/100×Rs7000= Rs 7,700
Remaining share at a loss of 5%
Rrmaining=Rs21000-Rs7,000
=Rs14,000
Selling price= 95/100×Rs14,000
=Rs 13,300
Total selling price= Rs 7,700+ Rs 13,300
=21,000
Cost price= Rs21,000
Cost price= Selling prics
No profit or loss
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