Question
Each of the articles was marked 55% above its cost price and while selling ‘y’ % discount was given on it. The selling price of the article M is Rs. 7440. The cost price of article M is Rs. 575 less than the selling price of article N. The selling price of the article M is 24% more than the cost price of article N. The sum of the MRP of article M and N together is Rs. 19220. Find out the value of ‘y’ and the difference between the profit obtained on article M and N respectively.
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