if a person sold his watch and a ring for rupees 25000 each he made a profit of 25% on selling watch and a loss of 20% on selling find his overall gain or loss amount
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Step-by-step explanation:
For the first article,
SP=RsS
Given, Profit=25 %
=>CPSP−CP×100=25
=>CP1S−CP1×100=25
=>S−CP1=0.25CP1
=>1.25CP1=S
=>CP1=1.25S=54S
For the second article,
SP=S
Given, Loss=25 %
=>CPCP−SP×100=25
=>CP2CP2−S×100=25
=>CP2−S=0.25CP2
=>0.75CP2=S
=>CP2=0.75S=34S
So, Total SP of the two articles =RsS+RsS=Rs2S
Total CP the two articles =Rs54S
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