Question

The cost prices of two articles are equal. A shopkeeper got a profit of 50% on the first article and the selling price of the second article is 20% less than the first article. What is the overall profit percentage?​

Answer 1

Answer:

hope the example help you

Let the CP of both articles be 100/-

SP of 1st article =140

SP of 2nd article is 3/4 of 140=105

Total SP 245 less total CP 200.

Difference being profit 45

Profit % = 45/200 × 100= 22.5%