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Two-third of a certain number of items are sold at 35% profit, 25% of items are sold at 30% loss and the remaining at 5% loss. What is the overall profit or loss percentage?
1. Profit, \(13 \frac{1}{3}\%\)
2. No profit or loss
3. Loss, \(12 \frac{1}{6}\%\)
4. Profit \(15 \frac{5}{12}\%\)

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Correct Answer - Option 4 : Profit \(15 \frac{5}{12}\%\)

Given :

Two-third of a certain number of items are sold at 35% profit, 25% of items are sold at 30% loss and the remaining at 5% loss

Formula used :

Profit = cost price + profit on the cost price 

Calculations :

Let the total number of articles be 60 

Let the cost price of each article be 100 rupees 

Total cost price = 60 × 100 = 6000 rupees 

Now 

Two-third of article = (2/3) of 60 = 40 

25% of articles = 15 

Remaining article = 5 

Selling price of 40 articles = 135 rupees per article (Sold at a profit of 35%)

Total selling price of 40 articles = 40 × 135 = 5400 rupees 

Selling price of 15 articles = 70 rupees per article (sold at 30% loss)

Total selling price of 15 articles = 15 × 70 = 1050 rupees 

Selling price of remaining 5 articles = 95 rupees per article (sold at 5% loss)

Total selling price of all articles = 5 × 95 = 475 rupees 

Total selling price of all articles = 5400 + 1050 + 475 = 6925 rupees 

Profit percent = (6925 - 6000)/(6000) × 100 

\(15 \frac{5}{12}\%\)

∴ Profit percent will be \(15 \frac{5}{12}\%\)

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