Question
A shopkeeper sold two articles for Rs. 9676 each. On
selling first article he faces a loss of 18%, while on selling second article he gains 18%. Find overall profit/loss percent of the shopkeeper.Solution
Cost price of first article = 9676/0.82 = Rs. 11800 Cost price of second article = 9676/1.18 = Rs. 8200 Total cost price = 11800 + 8200 = Rs. 20000 Total selling price = Rs. 19352 Loss = 20000 – 19352 = Rs. 648 Loss percentage = 648/20000 × 100 = 3.24%
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