A shopkeeper bought 60 pencils at a rate of 4 for Rs. 5 and another 60 pencils at a rate of 2 for Rs. 3. He mixed all the pencils and sold them at a rate of 3 for Rs. 4. Find his gain or loss percentage.
A. Profit $$3\frac{1}{8}\% $$
B. Loss $$3\frac{1}{{33}}\% $$
C. Profit $$2\frac{7}{8}\% $$
D. Loss $$2\frac{7}{8}\% $$
Answer: Option B
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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