Question

Two articles were sold for rs 1199 each. First was sold at 15% loss and second at 15% profit. Find over all profit or loss

Answer 1

Answer:

Step-by-step explanation:

Answer 2

The loss% is 2.249%

Step-by-step explanation:

Case 1:

SP of article = Rs.1199

Loss% = 15%

$CP = \frac{SP \times 100}{100-L\%}\\CP = \frac{1199 \times 100}{100-15}\\CP = 1410.588$

Case 2:

SP of article = Rs.1199

Profit% = 15%

$CP = \frac{SP \times 100}{100+P\%}\\CP = \frac{1199 \times 100}{100+15}\\CP = 1042.608$

Total SP = 1199+1199=Rs.2398

Total CP = 1410.588+1042.608=Rs.2453.196

CP>SP

So, Loss

Loss% =$\frac{CP-SP}{CP}\times 100$

Loss% =$\frac{2453.196-2398}{2453.196} \times 100$

Loss% =$2.249 \%$

Hence The loss% is 2.249%

#Learn more:

A man bought 2 articles for 3500 and Rs 2500. He sold the first article at a profit of 20% and sold the second at a loss of 4%. Find the profit or loss percentage on the total transaction.

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