A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%.What is his overall profit percentage ?

Correct Answer: 8%

Explanation:

Let the shopkeeper buy 300g for Rs.300. Now he sells 100g for Rs.110, another 100g for Rs120, and the rest 100g for Rs94.

Therefore, the total amount he receives = Rs.110 + Rs.120 + Rs.94 = 324.

Therefore, the shopkeeper spends Rs.300 and gets back Rs.324.

Therefore, his profit percentage = $\frac{24}{300} x 100$ % = 8%

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