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Question
A shopkeeper buys three articles for ₹ 325, ₹ 450 and ₹ 510. He is able to sell them for ₹ 350, ₹ 425 and ₹ 525 respectively. Find the gain or loss to the shopkeeper on the whole
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Solution
C.P. of three articles = 325 + 450 + 510
= ₹ 1285
S.P. of three articles = 350 + 425 + 525
= ₹ 1300
Here S.P. > C.P.
Profit = S.P. – C.P.
= 1300 – 1285
= ₹ 15
The shopkeeper gained = ₹ 15
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