Practicing Success
A trader sells two articles for ₹9520 each, one at a profit of 12% and the other at a loss of 15%. His overall percentage loss (correct to one decimal place) is: |
4.4 3.1 3.4 3.8 |
3.4 |
Total SP of both articles = 2 × 9520 = 19040 CP of first articles = 9520 × \(\frac{100}{112}\) = 8500 CP of second articles = 9520 × \(\frac{100}{85}\) = 11200 Total CP of both articles = 8500 + 11200 = 19,700 Loss = 19700 – 19040 = 660 Loss percentage = \(\frac{660}{19700}\) × 100 = 3.4% |