Analyst Questions

Given share of L is 2/7 th of profit. Then, their profits are divided in to 5:2 ratio.

Ratio of K and L is

16000×8x×4=52

x = Rs. 12,800.

SP of first article = 1000

Profit = 20%

CP = 100100+P×SP= 5000/6 = 2500/3

SP of second article = 1000

Loss = 20%

CP = 100100-L×SP= 5000/4 = 1250

Total SP = 2000

Total CP = 25003+ 1250 = 6250/3

CP is more than SP, he makes a loss.

Loss = CP-SP = (6250/3)- 2000 = 250/3

Loss Percent =250362503×100= 4%

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