Question

A man sold two articles for ₹2500 each. On selling first he gains 20% and on the other he loses 10% . What is the percent profit in the transaction ?

Answer 1

Answer:

Step-by-step explanation:

Answer 2

Profit  Percentage = 2.8594 %

Step-by-step explanation:

A man sold two articles for Rs.2500/- each.

Then, selling price of two article = 2500 + 2500 = 5000

On selling first he gains 20%,

So, 120 % = 2500

$100 \% = \frac{2500}{120}\times 100$

100 % = 2083.333

Cost price of first article is Rs.2083.333/-

On the selling second article he losses 10 %,

90 % = 2500

$100 \% = \frac{2500}{90}\times 100$

100 % = 2777.77

Cost price of second article is Rs.2777.77/-

Thus, cost price of two article = 2083.33333 + 2777.777

= 4861

profit  = 5000 - 4861

= 139

Profit  Percentage = $\frac{139}{4861}\times 100$

Profit  Percentage = 2.8594 %