A shopkeeper buys three articles for ₹ 375, ₹ 580 and ₹ 428 respectively. He is able to sell these articles for ₹ 436, ₹ 635 and ₹ 350 respectively. Find the gain or loss to the shopkeeper on the whole.
Solution
The correct answer is ₹ 38 gain
Explanation
C. P. of three articles = ₹ (375 + 580 + 428) = ₹ 1383
S. P. of three articles = ₹ (436 + 635 + 350) = ₹ 1421
∴ Profit = 1421 - 1383 = ₹ 38