Get Started
1862

Q: A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%.What is his overall profit percentage ?

  • 1
    6%
  • 2
    8%
  • 3
    10%
  • 4
    12%
  • Show Answer
  • Workspace

Answer : 2. "8%"
Explanation :

Answer: B) 8% Explanation: Let the shopkeeper buy 300g for Rs.300. Now he sells 100g for Rs.110, another 100g for Rs120, and the rest 100g for Rs94.    Therefore, the total amount he receives = Rs.110 + Rs.120 + Rs.94 = 324.    Therefore, the shopkeeper spends Rs.300 and gets back Rs.324.   Therefore, his profit percentage = 24300x100 % = 8%

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today