The question states that a person bought three items, each for ₹8000. He sold the first item at a 10% profit, the second at a 15% profit, and the third at a 15% loss. We need to find the overall profi
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
Step 1: Solve Question 68.
The question states that a person bought three items, each for ₹8000. He sold the first item at a 10% profit, the second at a 15% profit, and the third at a 15% loss. We need to find the overall profit or loss percentage.
Cost Price (CP) of each item: ₹8000
Total Cost Price (TCP): Since there are 3 items,
$$TCP = 3 \times ₹8000 = ₹24000$$
Selling Price (SP) of each item:
For the first item (10% profit):
$$SP_
