A cycle is sold for Rs. 2360 and fetches a loss of 20%. Find the cost price of two cycles.

Question

A trader bought two articles for Rs. 17000.
He sold one at a profit of 20% and the other at loss of 25%.
If the selling price of an article sold at 25% loss is 500/9% of the selling price of an article sold at 20% profit.
What is the gain or loss percentage in the whole transaction?

Answer 1

2*2360/0.8= Rs. 5900