1. A trader buys two articles for Rs 4000 each. While selling if he gains 12.5% on one and losses 20% on the other, then what will be the overall loss percentage?
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By: anil on 05 May 2019 02.26 am
Cost price of each article = Rs. 4000 Profit % on one article = 12.5% => Selling price of first article = $$4000+(frac{12.5}{100} imes4000)$$ = $$4000+500=Rs.$$ $$4500$$ Similarly, selling price of second article = $$4000-(frac{20}{100} imes4000)$$ = $$4000-800=Rs.$$ $$3200$$ Thus, total cost price = $$4000+4000=Rs.$$ $$8000$$ Total selling price = $$4500+3200=Rs.$$ $$7700$$ $$ herefore$$ Overall loss % = $$frac{(8000-7700)}{8000} imes100$$ = $$frac{300}{80}=3.75\%$$ => Ans - (B)
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