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Let the cost price of two carpets be x ad y.
(i)
Profit = 8%.
Selling price - Cost price = 8% of CP
=> 25920 - x = (8/100) * x
=> x = 24000
(ii)
Loss = 4%.
Cost price - Selling price = 4% of CP
=> y - 25920 = 4% of y
=> y - 25920 = (4/100) * y
=> y = 27000
Total cost price = 51000.
Total selling price = 2 * 25920 = 51840.
Here. Selling price > Cost price. Profit Occured.
Profit = Selling price - Cost price
= 51840 - 51000
= 840
Profit% = (Profit * 100)/CP
=> (840 * 100)/51000
=> 1.64%
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