A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?

A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article? Correct Answer 24 : 25

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The following questions have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. A shopkeeper sells two articles for Rs. 1480. Find the amount of overall profit/loss. Statement I: Ratio of loss in 1st article and profit in second article is 3 : 4. Statement II: The shopkeeper sells 1st article at 15% loss and 2nd at 25% profit. Statement III: Cost price of 1st article is equal to the selling price of 2nd article.
Each question below is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The combined cost of three articles in a shop is Rs.4200. Two article sold at profit of 25% and 12.5% and third article is sold such that there is a loss of Rs.630. What is the loss percentage incurred on third article. I. The difference between cost price of highest article and lowest article is Rs.600. The costliest article is sold at a loss.  II, The cheapest item is sold at 25% profit. The the price of one of that article is the average price of the cheapest and costliest item.