Question

A shopkeeper purchased three items 'M', 'N', and 'O' at the same price. He sold item 'M' at a 25% profit, item 'N' at a 20% loss, and item 'O' at a 35% profit. If he earns an overall profit of Rs. 660, then find the selling price of item 'N'.

Q: Answer-A shopkeeper purchased three items 'M', 'N', and 'O' at the same price. He sold item 'M' at a 25% pr...

ATQ, Let the cost price of each item be Rs. 100w. So, the total cost price of M, N and O together 3 X 100w Rs. 300w ATQ, 0.25 - 0.20 0.35 X 100w 660 Or, w 66040 16.5 Therefore, the selling price of N 0.80 X 100w 80 X 16.5 Rs. 1320

A Rs.1938

B Rs.1615

C Rs.1320

D Rs.3615

E None of these

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A shopkeeper purchased three items 'M', 'N', and 'O' at the same price. He sold item 'M' at a 25% profit, item 'N' at a 20% loss, and item 'O' at a 35% profit. If he earns an overall profit of Rs. 660, then find the selling price of item 'N'.

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