sp ( selling price) = 9720
p ( profit) = 120
find cp ( cost price)
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When percentage is asked we can just start playing with any number. 9720 is not required.
I will take CP1 as 100 so SP1 should be 108. SP1 and SP2 are given equal, so CP2 should be 120.
Total CP = CP1 + CP2 => 220, and total SP = SP1 + SP2 => 108 + 108 that is 216. So there is loss of 4 on 220 that is loss of 1.818%
Let me know
Thanks
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