Question

A man bought 2 articles for 3500 and Rs 2500. He sold the first article at a profit of 20% and sold the second at a loss of 4%. Find the profit or loss percentage on the total transaction.

Answer 1

For Ist article
Cp of Ist article= rs 3500
gain= 20%

Sp =rs{ 100+gain%/ 100 × Cp}

=rs(100+20/100 × 3500)

=rs(120/100 × 3500)

=rs 4200

For second article
Cp =rs2500
Loss=4%

Sp=rs{100-Loss%/100 ×Cp}

=rs(100-4/100 × 2500)

=rs(100-4/100 × 2500)

=rs(96/100 × 2500)

=rs 2400

total Cp= rs(3500+2500)=rs6000

total Sp=rs(4200+2400)=rs6600

since Sp>Cp i.e there is gain

gain=rs(6600-6000)=rs600

gain% =(gain/Cp × 100) %

=600/6000 × 100

=10%

Answer 2

Answer:

10 % profit

Step-by-step explanation:

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