Correct option is B
Given:
75% articles sold at 20% profit
25% articles sold at 20% loss
Formula Used:
Overall Profit % =
Solution:
Articles | % of Total | Profit/Loss % |
Type I | 75% | +20% |
Type II | 25% | –20% |
Overall Profit% =
Alternate Solution:
Assume total articles = 100, each costing ₹1
75 articles → profit = 20% of ₹1 = ₹0.20 → total profit = ₹15
25 articles → loss = 20% of ₹1 = ₹0.20 → total loss = ₹5
Net profit = ₹15 – ₹5 = ₹10
Cost price = ₹100
Profit % =
Thus, the correct option is (b) 10%