Question

Three articles A, B and C are bought for Rs. 4,000 each. Article A is sold at a loss of 15% and article B is sold at a profit of 25%. If the average selling price of all the three articles is Rs. 3,960; at what profit or loss per cent is the article C sold ?

Answer 1

Article A
C.P. of article A=4000 Rs.
Loss =15%
$S.P=\frac{85}{100}\times 4000=3400Rs.$
Article B
C.P. of article B=4000 Rs.
Profit=25%
$S.P.=\frac{125}{100}\times 4000=5000Rs.$
Total S.P. of A,B and C=$3960\times 3=11880Rs.$
Then S.P. of article C$=11880-(3400+5000)$
$=3480Rs.$
$Loss=4000-3480=520Rs.$
$Losspercentage=\frac{520}{4000}\times 100=13$%