CP of 2 article is same as SP of 4 articles find the transaction result in percentage
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Let the cost price of 1 article be 1 rupee
Therefore, cost price of 2 articles = 2 * 1 = 2 rupees
The selling price of 4 articles = cost price of 2 articles = 2 rupees.
Now, we know the selling price of 4 articles. Let us find the cost price of 4 articles.
Cost price of 4 articles = 4 * 1 = 4 rupees
Therefore, profit made on sale of 4 articles = Selling price of 4 articles - cost price of 4 articles
= 2 - 4 = -2 rupees
As the profit is in the negative, the merchant has made a loss of 2 rupees.
Therefore, % loss = loss/cp * 100
% loss = -2/4 * 100 = 50% loss.
Therefore, cost price of 2 articles = 2 * 1 = 2 rupees
The selling price of 4 articles = cost price of 2 articles = 2 rupees.
Now, we know the selling price of 4 articles. Let us find the cost price of 4 articles.
Cost price of 4 articles = 4 * 1 = 4 rupees
Therefore, profit made on sale of 4 articles = Selling price of 4 articles - cost price of 4 articles
= 2 - 4 = -2 rupees
As the profit is in the negative, the merchant has made a loss of 2 rupees.
Therefore, % loss = loss/cp * 100
% loss = -2/4 * 100 = 50% loss.
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