1
$\begingroup$

If a trader sells two articles at the same price, one at a loss of x% and the other at a profit of y%, then the trader makes approximately what profit or loss. How to got about solving this??

$\endgroup$
1
$\begingroup$

If the two selling prices are each $p$ and the costs were $c_1$ and $c_2$ then $$p = c_1\left(1-\frac{x}{100}\right)$$ and $$p = c_2\left(1+\frac{y}{100}\right)$$ so you can calculate the overall percentage profit (or loss if negative) from $$\left(\frac{2p}{c_1+c_2}-1\right)\times 100. $$

| cite | improve this answer | |
$\endgroup$

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.