Question

Selling price of two articles is Rs. 4000 each. First article sold at profit of 25% and second article some % loss. Find loss% on second article, if there is neither loss nor gain

Answer 1

Answer:

Step-by-step explanation:

C.P. of two horses = Rs. 8000

S.P. of one horse = Rs. 4000

Gain = 25%

∴ C.P. of this horse = Rs (100/125) x 4000 = Rs.3200

C.P. of another horse = Rs. (8000 - 3200) = Rs. 4800

S.P. of this horse = Rs. 4000

∴ Loss% = (800/4800) x 100 % = 162/3%