A man invests Rs., 21,000 in shares of a company. He sells one - third of total shares at a profit o

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7.Profit and Loss

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A man invests $Rs.\, 21,000$ in shares of a company. He sells one$-$third of total shares at a profit of $10 \% .$ But the remaining shares he has to sell at $5 \%$ loss. Find his overall profit or loss $\%.$

A

$10 \%$ profit

B

$10 \%$ loss

C

No profit no loss

D

$5 \%$ loss

Solution

$C.P.$ of one$-$third shares $=\frac{Rs.22100}{3}=₹ 7000$

$S.P.$ of one$-$third shares $=\frac{110}{100} \times 7000=₹ 7700$

$C.P.$ of remaining $\frac{2}{3}$ rd shares $=Rs(21000-7000)=Rs 14000$

$S.P.$ of remaining $\frac{2}{3}$ rd shares $=\frac{95}{100} \times 14000=₹ 13300$

Total $S.P.$ $=₹ 7700+13300=₹ 21000$

Total $C.P. =₹ 21000$

$S \cdot P .= C \cdot P$

or there is no profit no loss.

Standard 13

Quantitative Aptitude

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