Question

two article are bought for 2600 each one of them is sold at a loss of 4 %and the average selling price of both article is 2652. the other article is sold at a loss %or profit %​

Answer 1

Answer:

Profit by 8%

Step-by-step explanation:

For 1st article ,

CP1 = 2600.

It was sold at a loss of 4%

therefore loss = CP/100 * 4

Loss = 104

SP1 = Rs 2496

Now,

Average SP = {SP1+ SP2} / 2

SP2 = { Average Sp *2 } - SP1

SP 2 =  2652*2 - 2496

SP2 = Rs 2808

For 2nd Article,

CP2 = Rs 2600

SP2= Rs 2808

Since CP2 is less than Sp2

There is profit.

Profit =( [SP-CP] / CP ) * 100

Profit = 8%