SSC CGL – Combined Graduate Level Examination · Question 63
A retailer sold three products X, Y, and Z with selling prices in the ratio 3:5:7. He incurred a 12% loss on X, a 40% profit on Y, and broke even on Z. What was his overall profit or loss percentage?
Show answer & explanation
Answer: (B) Profit of 7.29%
Explanation
CP = 3/0.88 + 5/1.4 + 7 ≈ 13.98 against SP 15, a profit of ≈ 7.29%.