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    Question

    A person sold two articles for Rs. 1936 each. On one he

    gained 28% and on other he lost 12%. What is his overall gain or loss percent, correct to one decimal place?
    A 4.3% loss Correct Answer Incorrect Answer
    B 5% loss Correct Answer Incorrect Answer
    C 4.3% gain Correct Answer Incorrect Answer
    D 5% gain Correct Answer Incorrect Answer

    Solution

    Total SP of both articles = 1936 × 2 = 3872 CP of first articles = 1936 × (100/128) = 1512.5 CP of second articles = 1936 × (100/88) = 2200 Total CP = 2200 + 1512.5 = 3712.5 Profit = 3872 – 3712.5 = 159.5 ∴ Profit percentage = 159.5/3712.5 × 100 = 4.3%

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