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In a local shop as part of promotional measures, the shop owner sells three different varieties of soap, one at a loss of 13 percent, another at a profit of 23 percent and the third one at a loss of 26 percent. Assuming that the shop owner sells all three varieties of soap at the same price, the approximate percentage by which average cost price is lower or higher than the selling price is:a)10.5% higherb)12.5% lowerc)14.5% lowerd)8.5% higherCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In a local shop as part of promotional measures, the shop owner sells three different varieties of soap, one at a loss of 13 percent, another at a profit of 23 percent and the third one at a loss of 26 percent. Assuming that the shop owner sells all three varieties of soap at the same price, the approximate percentage by which average cost price is lower or higher than the selling price is:a)10.5% higherb)12.5% lowerc)14.5% lowerd)8.5% higherCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a local shop as part of promotional measures, the shop owner sells three different varieties of soap, one at a loss of 13 percent, another at a profit of 23 percent and the third one at a loss of 26 percent. Assuming that the shop owner sells all three varieties of soap at the same price, the approximate percentage by which average cost price is lower or higher than the selling price is:a)10.5% higherb)12.5% lowerc)14.5% lowerd)8.5% higherCorrect answer is option 'A'. Can you explain this answer?.

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