Question

A shopkeeper bought 60 pencils at a rate of 4 for Rs. 5

and another 60pencils at a rate of 2 for Rs.3. He mixed all the pencils and sold them at a rate of 3 for Rs.4. Find his gain or loss percentage.

A 3.33%

B 33.3%

C 22.2%

D 11.1%

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Solution