Question
A shopkeeper sold two articles for Rs. 9000 each. On
selling first article he faces a loss of 25%, while on selling second article he gains 25%. Find overall profit/loss percent of the shopkeeper.Solution
Cost price of first article = 9000/0.75 = Rs. 12000 Cost price of second article = 9000/1.25 = Rs. 7200 Total cost price = 12000 + 7200 = Rs. 19200 Total selling price = Rs. 18000 Loss = 19200 – 18000 = Rs. 1200 Loss percentage = 1200/19200 × 100 = 6.25%
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