Question

A man sold 2 articles each of rs 525000.if he get profit of 20%on the article.find the profit% of second article if overall profit is 50%.

Answer 1

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Answer 2

Total sale value = 2 x 525600 = 10,51,200

Cost of first article which was sold at 20% profit = 100/120 *525600 = 4,38,000

Total sale value is at 50% profit, so total cost = 100/150 *1051,200=7,00,800

So cost of second article = 700, 800 - 438,000 = 262800

So profit on second article= 525,600 - 262,800 = 262,800

So profit% = 100% ANSWER