Two articles are sold for ₹9,720 each. On one,the seller gains 8% and on theother, he loses 10%. What is his overall gain or loss?
According to the question,
CP of first article = $$9720\times\ \frac{100}{108}=9000$$
CP of 2nd article = $$9720\times\ \frac{100}{90}=10800$$
Total CP = 9000+10800 = 19800
Total SP = 9720+9720=19440
There will be loss because CP is greater than SP
19800-19440 = 360 loss.
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