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Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).

Financial MathematicsProfit, Loss, and Discount

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?

  1. A.$6\%$
  2. B.$12\%$
  3. C.$10\%$
  4. D.$8\%$Correct answer

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Quick fact: The overall profit percentage is $8\%$.

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