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Question

An article is bought for Rs. 620 and sold for Rs. 780. A second article is bought for Rs. 575 and sold for Rs. 437. Similarly, a third article is bought for Rs. 805 and sold for Rs. 883. Find -
i) The total C.P of the three articles.
ii) The total S.P of the three articles.
iii) The profit or loss on the whole three articles

A
i) C.P. = Rs. 2100
ii) S.P. = Rs. 2000
iii) Loss = 15%
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B
i) C.P. = Rs. 2000
ii) S.P. = Rs. 2100
iii) Profit = 5%
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C
i) C.P. = Rs. 3000
ii) S.P. = Rs. 3100
iii) Profit = 5%
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D
i) C.P. = Rs. 2500
ii) S.P. = Rs. 2100
iii) Loss = 5%
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Solution

The correct option is B i) C.P. = Rs. 2000
ii) S.P. = Rs. 2100
iii) Profit = 5%
Total Cost Price = Rs. 620 + Rs. 575 + Rs. 805 = Rs. 2000
Total Selling Price = Rs. 780 + Rs. 437 + Rs. 883 = Rs. 2100
Net Profit = Selling Price - Cost Price = Rs. 2100 - Rs. 2000 = Rs. 100
Profit % = Net ProfitC.P×100 = Rs. 100Rs. 2000×100=5%
hence , answers are as follows :
i) C.P. = Rs. 2000
ii) S.P. = Rs. 2100
iii) Profit = 5%

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