A person sells two articles each costing ₹ 9,180. He makes a profit of 8% on one article and a loss of 15% on the other. What is his total profit or loss? In Ruppes
Answers
Answered by
2
Answer:
Given:
Selling Price of each of the two articles = Rs.9,975
Get a 5% loss on one and 5% gain on another
Concept used:
CP = or
Calculation:
CP of 1st article =
= Rs.9500
CP of 2nd article =
= Rs.10500
The total Cost price of two articles = 10500 + 9500
= Rs.20,000
The total SP of two articles = 9,975 + 9,975
= 19,950
∵ CP > SP
∴ Overall loss is 20,000 - 19,950 i.e Rs.50
Similar questions