A man bought two article for Rs 3 000 each He sold one article at 10 profit and the other at 5 loss ...........

Quantitative Aptitude (MTS) Profit and loss

A man bought two article for Rs 3,000 each.He sold one article at 10% profit and the other at 5% loss.What is the total profit or

loss percentage?

This questions was previously asked in

SSC MTS 13th October 2021 Shift-1

profit 10%

profit 2.5

No profit no loss

Loss 7.5%

- First Article:

- Cost Price: Rs 3,000

- Sold at 10% profit:

- Selling Price = Cost Price + 10% of Cost Price = Rs 3,000 + Rs 300 = Rs 3,300

- Second Article:

- Cost Price: Rs 3,000

- Sold at 5% loss:

- Selling Price = Cost Price - 5% of Cost Price = Rs 3,000 - Rs 150 = Rs 2,850

- Total Cost Price: Rs 6,000

- Total Selling Price: Rs 3,300 + Rs 2,850 = Rs 6,150

- Total Profit: Total Selling Price - Total Cost Price = Rs 6,150 - Rs 6,000 = Rs 150

- Profit Percentage:

- Profit Percentage = (Total Profit / Total Cost Price) * 100

- Profit Percentage = (150 / 6,000) * 100 = 2.5%

- Conclusion:

- 2. Profit 2.5%

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