Solutions
Given:
Profit at one-third of the goods = 15%
Profit at 25% of the goods = 20%
Loss at rest of the goods = 10%
Profit in entire transaction = Rs.350
Concept used:
Profit = SP - CP
Profit % = Profit/CP × 100
Loss = CP - SP
Loss % = Loss/CP × 100
Where CP = Cost price and SP = Selling Price
Profit % and Loss % are always calculated on the Cost price
Calculations:
Let the total number of goods be 120 and the price of each good is 1 unit
One-third of the goods means = 1/3 × 120 = 40
Selling price of 40 goods = 40 × 115/100 = 46 unit (∵ 15% profit)
25% of the goods means = 25/100 × 120 = 30
Selling price of 30 goods = 30 × 120/100 = 36 unit (∵ 20% profit)
Remaining goods = 120 - 40 - 30 = 50
Selling price of 50 goods = 50 × 90/100 = 45 unit (∵ 10% loss)
Total selling price = 46 + 36 + 45 = 127 units
Total cost price = 120 units
Profit = 127 - 120 = 7 unit
According to the question, the total profit is Rs.350
∴ 7 unit → Rs.350 ⇒ 1 unit → Rs.50
⇒ 120 → 50 × 120 = Rs.6000
∴ The total value of the goods is Rs.6,000.
Alternate Method
Let total goods be 120
One-third of the goods = 40
Profit on 40 goods = 40 × 15/100 = 6 (∵ 15% profit)
25% of the goods = 25/100 × 120 = 30
Profit on 30 goods = 30 × 20/100 = 6 (∵ 20% profit)
Remaining goods = 120 - 70 = 50
Loss on 50 goods = 50 × 10/100 = 5 (∵ 10% loss)
Total profit on all goods = 6 + 6 - 5 = 7
According to the question, 7 unit → Rs.350
⇒ 120 units → 350/7 × 120 = Rs.6000
∴ The total value of the goods is Rs.6,000