Question
A shopkeeper sold two articles for Rs. 9000 each. On
selling first article he faces a loss of 20%, while on selling second article he gains 20%. Find overall profit/loss percent of the shopkeeper.Solution
Cost price of first article = 9000/0.8 = Rs. 11250 Cost price of second article = 9000/1.2 = Rs. 7500 Total cost price = 11250 + 7500 = Rs. 18750 Total selling price = Rs. 18000 Loss = 18750 – 18000 = Rs. 750 Loss percentage = 750/18750 × 100 = 4%
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