Question
A shopkeeper sold two articles for Rs. 9324 each. On
selling first article he faces a loss of 26%, while on selling second article he gains 26%. Find overall profit/loss percent of the shopkeeper.Solution
Cost price of first article = 9324/0.74 = Rs. 12600 Cost price of second article = 9324/1.26 = Rs. 7400 Total cost price = 12600 + 7400 = Rs. 20000 Total selling price = Rs. 18648 Loss = 20000 – 18648 = Rs. 1352 Loss percentage = 1352/20000 × 100 = 6.76%
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