What was the profit earned by selling an article?

I: The article was sold for Rs 850 after getting a discount of 15% on the labelled price.

II: A profit of 4% is made on the labelled price in buying that article.

From statement I, S.P = Rs 850 We can find the MP of article as 100/85 × 850 = Rs 1,000 from statement II, We can find the CP of article by using the MP from statement I as 104/100 × 1000 = Rs 1040 Now we have both SP and CP from both statements to find the profit%.

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