A man bought three articles for ₹3000/- each. He sold each article at 15% profit, 10% profit and 15% loss respectively. Find his overall profit or loss percentage.
Answer & explanation
Correct answer: option 3
Profit on 1st article = 3000 × 15% = 450
IInd article = 3000 × 10% = 300
Loss on IIIrd article = 3000 × 15% = -450
----------
Overall profit/loss = 300
Overall profit % = \(\frac{300}{9000}\) × 100 = 3\(\frac{1}{3}\)%