Cost price of two articles is same. 1st is sold at 20% profit and 2nd is sold at 30% loss. Find overall profit or loss percentage in this transaction. |
10% Loss 5% loss 10% profit 5% loss |
5% loss |
Let CP of each article = Rs. 100 Profit = 100 x 20% = 20 Loss = 100 x 30% = -30 -------------------------------------- Overall profit/loss = -10 Required percentage = \(\frac{10}{200}\) x 100 = 5% |