A trader sold half of his articles at 60% profit, half of the remaining at 20% loss and the rest was sold at the cost price. In total transaction his gain % or loss % will be:
A trader sold half of his articles at 60% profit, half of the remaining at 20% loss and the rest was sold at the cost price. In total transaction his gain % or loss % will be:
Solution
✅ Correct Option: 4
Let total = 4 articles. Half (2) sold at 60% profit; half of remaining (1) at 20% loss; last 1 at cost. Using weighted average: gain.
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