A readymade cloth merchant purchased 20 shirts for * 275 each. He sold 12 shirts at a
profit of 20%. The remaining shirts were sold at 6% loss. What is total profit%?
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Answer:
9.6 %
Step-by-step explanation:
profit = proft% x cp.
= 20 x 275 x 12 / 100 = 660
loss = loss% x cp
= 6 x 275 x 8 /100 = 132
.profit = 660- 132 = 528
profit % = 528 x 100 / (275 x 20 )
= 9.6%