A man buys 90 articles at Rs 8 each He sells 80 of them at Rs 950 each and the rest at Rs 7 25 each Find his average profit or loss per article sold a Rs 1050 b Rs 105 c Rs 9450 d Rs 81450 NIFT UG

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## A man buys 90 articles at Rs. 8 each. He sells 80% of them at Rs. 9.50 each and the rest at Rs. 7. 25 each. Find his average profit or loss per article sold. (a) Rs. 10.50 (b) Rs. 1.05 (c) Rs. 94.50 (d) Rs. 814.50 (NIFT-UG)

A man buys 90 articles at Rs. 8 each. He sells 80% of them at Rs. 9.50 each and the rest at Rs. 7. 25
each. Find his average profit or loss per article sold.
(a) Rs. 10.50 (b) Rs. 1.05 (c) Rs. 94.50 (d) Rs. 814.50 (NIFT-UG)

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total articles = 90
80% of 90 = 72
20% of 90 = 18
total profit = (72*9.5 + 18*7.25) - (90*8) = 94.5
profit per article = 94.5/90 = 1.05

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