A shopkeeper sold two articles. He sold one article at ₹29,337 and got a 27% profit. He sold the other article at ₹14,206.50 and got a 23% loss. What is his overall gain or loss per cent (correct to the nearest integer)?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e.5% gain.
CP1 = = 23100
CP2 = = 18450
Total CP = 23100 + 18450 = 41550
Total SP = 29337 + 14206.5 = 43543.5
\text{Overall %} = \frac{\text{Total SP} - \text{Total CP}}{\text{Total CP}} \times 100
⇒
⇒ = 4.79 = 5% gain