Ram sells two articles for Rs.740. He sells 1st at 15% loss and 2nd at 25% profit. Find the amount of overall profit/loss if the cost price of 1st article is equal to the selling price of 2nd article. |
Rs.25 Rs.40 Rs.20 Rs.30 |
Rs.20 |
CP : SP 15% = \(\frac{3}{20}\) 1st → 20 : 17 25% = \(\frac{1}{4}\) 2nd → 4 : 5 Multiply 2nd article's ratios by 4 for getting CP of first = SP of 2nd CP : SP 1st → 20 : 17 2nd → 16 : 20 ———————————— 36 : 37 Profit = 19 - 18 = 1R Total SP ⇒ 37R = 740 Profit ⇒ 1R = Rs.20 Ans. |