Practicing Success
Amit bought an article for ₹310 and sold it at a loss of 25 %. With this money, he bought another article and sold it at a gain of 40%. What was his overall gain or loss percent? |
Loss 2.5% Gain 8% Loss 4% Gain 5% |
Gain 5% |
Let CP of the article = 100 SP of the article = 100 × \(\frac{75}{100}\) = 75 In 75 he bought another article , SP of another article = 75 × \(\frac{140}{100}\) = 105 Profit = 100 - 105 = 5 Profit percentage = \(\frac{5}{100}\) × 100 = 5% |