Two articles are sold for Rs.840 and Rs.960 at 20% gain and 4% loss respectively. What is the overall gain or loss percent?
1st article :
SP1 = 840
P1 = 20%
CP1 = $$ 840 \times \frac{100}{120} = 700 $$
2nd article :
SP2 = 960
L2 = 4%
CP2 = $$ 960 \times \frac{100}{96} = 1000 $$
total SP = SP1 + SP2
      = 840 + 960Â
      = 1800
total CP = CP1 + CP2
       = 700 + 1000
      = 1700
gain % = $$ \frac{SP - CP}{CP} \times 100 $$
       = $$ \frac{1800 - 1700}{1800} \times 100 $$
       = $$ 5 \frac{15}{17} $$ % gain       Â
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