Question

A man sold two articles each for rs. 525600. if he get a profit of 20 on one article find the profit percent of second article so that he makes an overall profit of 50%

Answer 1

the profit percent of second article is 200%
so that he makes an overall profit of 50%
the cost price of first article is 438000
and the cost price of second article is 262800

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