A man purchased 3 identical electric fans at a total cost of ₹4,320. He sold two of them at a gain of 15% each and the third one at a loss of 10%. What is his overall profit or loss percentage?
A.5% Profit
B.6.67% Profit✓ Correct
C.6.25% Profit
D.7% Profit
Explanation
Cost per fan = ₹1440. Two fans sold at 15% gain: 2 × 1440 × 1.15 = ₹3312. Third fan sold at 10% loss: 1440 × 0.90 = ₹1296. Total SP = ₹4608. Profit = 4608 − 4320 = ₹288. Profit% = 288/4320 × 100 = 6.67%.
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