Based on the amount of oranges bought, those sold at a profit and those sold at a loss, the overall profit is 14.2%
<h3>What is the overall profit?</h3>
Assume that the buying price was $1 each.
The amount earned from 60% of them is:
= 60% x 100,000 x 1
= $60,000
The profit from selling 50% of the remaining is:
= (50% x 40,000) x 1.60
= $32,000
The loss from selling the other 50%:
= (50% x 40,000) x 0.90
= $22,222.22
Total selling price:
= 60,000 + 32,000 + 22,222.22
= $114,222.22
Total profit:
= (114,222.22 - 100,000) / 100,000
= 14.2%
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