Get Answers to all your Questions

header-bg qa

An overall profit of 24% is to be obtained from the sale of two articles. One of them was sold at a loss of 11%. At what profit percentage should the second article be sold, given that the cost prices of the first and the second articles are in the ratio 3 : 5 respectively?

Option: 1

52.5%


Option: 2

82.3%


Option: 3

35%


Option: 4

45%


Answers (1)

best_answer

                I         II
Let CP  300      500
Total CP = 800
S.P = 800*1.24 = 992
On 1st loss is 11%
so SP of 1st = 267
Now P% of II = (225/500) * 100
  = 45%

 

Posted by

Devendra Khairwa

View full answer