Question

The cost price of two article is same as Rs.1200 , if one article is sold at a profit of Rs.20% and other at a loss of 25% . Find the net profit or loss percent​

Answer 1

Step-by-step explanation:

CP of article = 1200

Profit = 20 %

Loss = 25%

Profit :-

20% of 1200

20/100 × 1200

240

SP= 1440

Loss :-

25% of 1200

25/100 × 1200

300

SP = 1200 - 300

SP = 900

Therefore, total CP = 2400

Total SP = 2340

Loss = 60

Loss % = Loss/ CP × 100

60 / 2400 × 100

Therefore , 2.5% loss