Question

By selling two articles a man earns 15% profit on first article and 10% loss on second article find his overall profit and loss if CP of both article is same.

Answer 1

Answer:

2.5%

Step-by-step explanation:

Let the cost price of both the articles be ₹100. Then selling price of the first article is ₹115 and of the second article is ₹90. Then, total SP is ₹115+₹90 = ₹205, and CP of both the articles is ₹100+₹100 = ₹200.

Then the profit here is 205/200 = of 5% in 200. Thus, it is of 5/2 in ₹100 = 2.5%