Question

an overall profit of 24% is to be obtained from the sale of two articles one of them was sold at a loss of 11% at what profit percentage should the second article be sold given that the cost prices of the first and the second articles are in the ratio 3:5 respectively?​

Answer 1

Answer:

let first article=300

then second article=500

now-

(300 x 89)/100 + [ 500 x(1+p/100) ] = 800 x 124/100

=> 267+500+5p=124x8

=> 5p= 225

=> p=45