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    A mobile phone and a tablet were sold at a profit of 10% and at a loss of 8% respectively. If the cost price of the mobile is 1.5 times that of the tablet, what is the overall profit percentage earned by selling both the articles

  • 3.2%
  • 2.8%
  • 5%
  • 4%
  • 1.6%
  • Explanation:

    Let the cost price of the tablet = INR x

    and cost price of the mobile = INR 1.5x

    Total cost price of both the articles

    = x+15x= 2.5x

    Total selling price of both the articles

    = x×92/100+1.5x×110/100

    =INR 2.57 x

    Gain = (2.57-2.50)x = 0.07x

    ∴ Required gain percentage = 0.07/2.5×100

    =2.8%