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Question 53
Two articles are sold for ₹975 each. On one, the seller gains 30% and on the other, he loses 25%. What is the overall gain or loss percentage, correct to one decimal place?
Solution
Selling Price of both the articles is 975.
CP of article where gain is 30% is 975/1.3 = 750
CP of article where loss is 25% is 975/0.75 = 1300
Total CP = 750+1300= 2050
Total SP = 975+975 = 1950
Loss% = (2050-1950)/2050 = 100/2050 = 4.9%
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