Rohit sells two articles for Rs.51. He sells 1st at 30% 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.
Answer & explanation
Correct answer: option 1
CP : SP 30% = \(\frac{3}{10}\)
1st → 10 : 7 25% = \(\frac{8}{10}\)
2nd → 8 : 10 (CP of first = SP of 2nd)
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18 = 17
Loss = 18 - 17 = 1R
17R = Rs.51
1R = Rs.3