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      Question

      A dealer purchased 16 gadgets at Rs. 30 each. He sold 6

      at 20% profit, 4 at 15% loss, and the rest at 10% profit. Compute the overall profit or loss.
      A Rs.25 Correct Answer Incorrect Answer
      B Rs.49 Correct Answer Incorrect Answer
      C Rs.36 Correct Answer Incorrect Answer
      D Rs.15 Correct Answer Incorrect Answer

      Solution

      ATQ, Total cost price of all gadgets = 16 × 30 = Rs. 480. Total selling price of all gadgets = {6 × (30 × 1.2) + 4 × (30 × 0.85) + 6 × (30 × 1.1)} = 216 + 102 + 198 = Rs. 516 Overall profit = 516 - 480 = Rs. 36

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