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?
52.5%
82.3%
35%
45%
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%