Join ExamsbookAnswer : 2. "8%"
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 ?5
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 ?
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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%