The cost prices of articles A and B are ₹1200 and ₹1600 respectively. The selling price of article A is ₹1380 and the total profit on selling both the articles is 25%. What is the profit percentage on selling of article B?
cost price (CP) , selling price(SP) , profit(P)
CP of A = 1200
CP of B = 1600
Total CP = 1200 + 1600 = 2800
SP of A = 1380
SP of B assume as 'x'
Total SP = 1380 + x
Total profit on selling both the articles is 25% = $$ \frac{25}{100} = \frac{1}{4} $$
p% = $$ \frac{SP - CP}{CP} \times 100 $$
Substituting values,
$$ \frac{1}{4} = \frac{1380 + x - 2800}{2800} $$
On solving we get x = 2120
SP of B = 2120
Therefore P% on selling article B = $$ \frac{2120 - 1600}{1600} \times 100 $$
= $$ \frac{520}{1600} \times 100 $$
= 32.5
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