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Question 58
Two articles are sold for ₹10,384 each. On one,the seller gains 18% and onthe other, he loses 12%. Whatis his overall gain or loss?
Solution
Selling price of both articles =10,384
Now let cost price be C1 and C2
Now C1(1.18) = 10,384
soC1=8800
Now C2(0.88) =10,384
we get C2 = 11,800
Now total cost price =20,600
Total selling price =20,768
So as selling price > cost price
He had a profit = 20,768-20,600 =168
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