Arpit buys 3 bed sheets for ₹3,951. He sells the first at a profit of ₹300, the second at a loss of ₹50, and the third at a profit of ₹200. What is the overall profit or loss percentage? (Round off your result to two decimal places)
11.39% profit
The total cost price of the 3 bed sheets is \(\text{₹}3,951\).
The net gain or loss is \(300 - 50 + 200 = \text{₹}450\), which is an overall profit.
The profit percentage is \(\frac{450}{3951} \times 100 = 11.39\%\).
Hence, the overall result is an 11.39% profit.
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Important Questions from Profit and Loss
By selling an article for Rs. 2,200, a profit of 10% is earned. If the same article is sold for Rs. 2,600, then what will be the gain percentage?
By selling an article for Rs. 640, a person loses 15% of its selling price. At what price (in Rs.) should he sell it to gain 15% on its cost price?
The selling prices of articles A and B are the same. A is sold at a profit of 28 percent and B is sold at a loss of 24 percent. If the total selling price of the both articles is Rs. 48640, then what is the cost price of A and B, respectively ?
The cost price of an article is Rs. 2800. Profit as a percentage of selling price is 20 percent. What is the actual profit (in Rs.) ?
A trader bought 640 kg of rice. He sold a part of rice at 20% profit and the rest at 5% loss. He earned a profit of 15% in the entire transaction. What is the quantity (in kg) of rice that he sold at 5% loss?
