mr ghosh purchased wrist watches worth 60000 he sold one third of them at profit of 30 percent one third at a profit of 20 percent and the remaining at a loss of 5 percent calculate his overall profit or loss percentage
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Answer:
Mr Ghosh purchased wrist watches worth Rs 60,000. He sold one third of them at a profit of 30% , one third at a profit of 20% and the remaining at a loss of 5% calculate his overall profit or loss percentage.
Answer:
Mr Ghosh purchased wrist watches worth Rs 60,000. He sold one third of them at a profit of 30% , one third at a profit of 20% and the remaining at a loss of 5% calculate his overall profit or loss percentage.
Answer:
One third of 60000= 20000
Sp of 1/3 = 100+30%/100 ×20000
Sp = 26000
Profit = 6000
Sp of another 1/3 = 100+20%/100 ×20000
Sp = 24000
Profit = 4000
Remaining watches = 60000 -(20000+20000) = 20000
Sp= 100-5/100 × 20000
Sp = 19000
Loss = 1000
Total profit = (6000+4000)-1000
9000
Total cp = 60000
Profit% = 9000/60000 × 100
15% = answer