Question

A man sold two articles for rs 500 each on one he gains 20% and on the other he loss at 10% .Find the overall gain or loss percent

Answer 1

hope it help you

CP of first article = CP1 = 500/1.20

CP of second article = CP2 = 500/0.90

Total CP = CP1 + CP2

= (450+600)/1.08 = 972.22

Total SP = 1000

Overall Profit = 27.78

= 27.78/972.22 x 100 = 2.86%