Question
A man sold two articles at Rs. 1200 each. On one, he
gained 20% and on the other, he lost 25%. Find the overall percentage loss.Solution
Cost price of the first article = 1200/1.2 = 1000 Cost price of the second article = 1200/0.75 = 1600 Total cost price = 1000 + 1600 = 2600 Total selling price = 1200 + 1200 = 2400 Loss = 2600 - 2400 = 200 Percentage loss = (200/2600) × 100 = 7.69% Answer: d) None of these
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