the sum of the cp of two articles is 500.one of them sold at a profit of 20% and another at a loss of 20%.besides if the sp of both the articles is same.find the amount of overall loss
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20% profit
20% = 20/100 = 1/5
CP1--5=====SP1--6......(a)
20% loss
20% = 20/100 = 1/5
CP2--5=====SP2--4.....(b)
Given SP's are same. Hence in the above SP's, make it same.
LCM(6,4) = 12
Multiply equation(a) with 2 and equation(b) with 3
CP1--10=====SP1--12
CP2--15=====SP2--12
Total CP = 25 parts
Total SP = 24 parts
Overall loss = 1 part
Loss % = 1/25 * 100 = 4% loss
20% = 20/100 = 1/5
CP1--5=====SP1--6......(a)
20% loss
20% = 20/100 = 1/5
CP2--5=====SP2--4.....(b)
Given SP's are same. Hence in the above SP's, make it same.
LCM(6,4) = 12
Multiply equation(a) with 2 and equation(b) with 3
CP1--10=====SP1--12
CP2--15=====SP2--12
Total CP = 25 parts
Total SP = 24 parts
Overall loss = 1 part
Loss % = 1/25 * 100 = 4% loss
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