Question
A shopkeeper sold two articles for Rs. 19032 each. On
selling first article he faces a loss of 22%, while on selling second article he gains 22%. Find overall profit/loss percent of the shopkeeper.Solution
Cost price of first article = 19032/0.78 = Rs. 24400 Cost price of second article = 19032/1.22 = Rs. 15600 Total cost price = 24400 + 15600 = Rs. 40000 Total selling price = Rs. 38064 Loss = 40000 – 38064 = Rs. 1936 Loss percentage = 1936/40000 × 100 = 4.84%
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