Question

A trader purchased 100 identical items for a total of ₹20,000. He sold 40% of the items at a profit of 25% and the remaining items at a loss of 15%. Determine the overall profit or loss percentage for the entire transaction.

Q: Answer-A trader purchased 100 identical items for a total of ₹20,000. He sold 40% of the items at a profit...

Cost of 1 article 20,000100 200 Cost of 40 40 articles 20040 8000 Cost of 60 60 articles 20060 12000 Selling price of 40 articles 125 of 8000 10,000 Selling price of 60 articles 85 of 12000 10,200 Total selling price 10,00010,200 20,200

A 1% profit

B 1.5% loss

C 2.5% profit

D 2.5% loss

E none

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A trader purchased 100 identical items for a total of ₹20,000. He sold 40% of the items at a profit of 25% and the remaining items at a loss of 15%. Determine the overall profit or loss percentage for the entire transaction.

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