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Two articles are sold at the same price....

Two articles are sold at the same price. One at A profit of `75%` and another one at a loss of `30%`. What is the, overall profit or loss?

A

`22.5%` profit

B

`57.5%` profit

C

`13(2)/7%` loss

D

none of these

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The correct Answer is:
To solve the problem of finding the overall profit or loss when two articles are sold at the same price, one at a profit of 75% and the other at a loss of 30%, we can follow these steps: ### Step-by-Step Solution: 1. **Let the Selling Price (SP) of each article be 'x'.** - Since both articles are sold at the same price, we can denote the selling price of both articles as 'x'. 2. **Calculate the Cost Price (CP) of the first article (A) sold at a profit of 75%.** - Profit Percentage = 75% - Profit = 75% of CP = (75/100) * CP - Therefore, Selling Price (SP) = Cost Price (CP) + Profit - This can be written as: \[ x = CP_A + \left(\frac{75}{100} \times CP_A\right) \] - Simplifying this gives: \[ x = CP_A + 0.75 \times CP_A = 1.75 \times CP_A \] - Rearranging for CP_A: \[ CP_A = \frac{x}{1.75} = \frac{4x}{7} \] 3. **Calculate the Cost Price (CP) of the second article (B) sold at a loss of 30%.** - Loss Percentage = 30% - Loss = 30% of CP = (30/100) * CP - Therefore, Selling Price (SP) = Cost Price (CP) - Loss - This can be written as: \[ x = CP_B - \left(\frac{30}{100} \times CP_B\right) \] - Simplifying this gives: \[ x = CP_B - 0.3 \times CP_B = 0.7 \times CP_B \] - Rearranging for CP_B: \[ CP_B = \frac{x}{0.7} = \frac{10x}{7} \] 4. **Calculate the total Cost Price (CP) of both articles.** - Total CP = CP_A + CP_B - Substitute the values we found: \[ Total\ CP = \frac{4x}{7} + \frac{10x}{7} = \frac{14x}{7} = 2x \] 5. **Determine the overall profit or loss.** - Total Selling Price (SP) of both articles = x + x = 2x - Total Cost Price (CP) of both articles = 2x - Overall Profit/Loss = Total SP - Total CP = 2x - 2x = 0 Thus, the overall result is **no profit and no loss**.
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