Question

mr ghosh purchased wrist watches worth 60000 he sold one third of them at profit of 30 percent one third at a profit of 20 percent and the remaining at a loss of 5 percent calculate his overall profit or loss percentage

Answer 1

Answer:

Mr Ghosh purchased wrist watches worth Rs 60,000. He sold one third of them at a profit of 30% , one third at a profit of 20% and the remaining at a loss of 5% calculate his overall profit or loss percentage.

Answer 2

Answer:

One third of 60000= 20000

Sp of 1/3 = 100+30%/100 ×20000

Sp = 26000

Profit = 6000

Sp of another 1/3 = 100+20%/100 ×20000

Sp = 24000

Profit = 4000

Remaining watches = 60000 -(20000+20000) = 20000

Sp= 100-5/100 × 20000

Sp = 19000

Loss = 1000

Total profit = (6000+4000)-1000

9000

Total cp = 60000

Profit% = 9000/60000 × 100

15% = answer