Two articles are bought at the same price. One is sold at 20% profit and the other is sold at 10% loss. The overall profit/loss percentage is: |
5% loss 5% profit 10% profit 10% loss |
5% profit |
Let the cost price of two article = 100 for each There is a profit 20% on first so , The selling price of the first = 120% of 100 = 120 and 10% loss on second Then the selling prices of second article is = 90% of 100 = 90 Total CP : Total SP = 200 : 210 Profit% = ( 210 - 200 ) × \(\frac{100}{200}\) = 5% |