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<html><body><h2 id="content-id-5314926807-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-7093458216-3"><b>Question On Profit And Loss </b></h2>A man purchased 3 identical electric fans at a total cost of â&#130;¹4,320. 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?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 38 Seconds </h3></div></div><h2 id="content-id-5130948726-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>5% Profit</p>
</li><li><p>6.25% Profit</p>
</li><li><p>6.67% Profit</p>
</li><li><p>7% Profit</p>
</li></ol> <h2 id="content-id-5721640938-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>option 3 </strong> i.e.<strong> 6.67% Profit.</strong></p>

<p>Cost price per fan = 4320/3 = â&#130;¹1440</p>

<p>SP of first two fans = 1440 × 1.15 = 1656 each</p>

<p>⇒ Total for two fans = 2 × 1656 = 3312</p>

<p>SP of third fan = 1440 × 0.90 = 1296</p>

<p>Total SP = 3312 + 1296 = 4608</p>

<p>Total CP = 4320</p>

<p>Profit = 4608 – 4320 = 288</p>

<p>Profit % = (288 / 4320) × 100 = 6.666...% = 6.67% (approx)</p>
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