Question

A mobile phone and a tablet were sold at a profit of 10% and at a loss of 8%
respectively. If the cost price of mobile phone is 1.5 times that of the tablet, what
is the overall profit percent earned by selling both the items ?
​

Answer 1

Answer:

The correct answer is

2.8%

Answer 2

Answer:

2.8% profit

Step-by-step explanation:

Let CP of tablet = 100

     CP of mobile = 1.5*100

                            =150

SP of mobile is 110%of 150=165        (profit of 10%means 100+10)

SP of tablet is 92%of 100=92            (loss of 8% means 100-8)

both SP=165+92=>257

both CP=100+150=>250

Profit%=SP-CP/CP*100

           =257-250/250*100

           =2.8%