
Shortcut Trick
CP of article 1 = 1200 ÷ 1.2 = 1000
CP of article 2 = 1350 ÷ 0.9 = 1500
Total CP = 1000 + 1500 = 2500
Total Profit = (1200 − 1000) + (1350 − 1500) = 200 − 150 = 50
Gain % = (50 ÷ 2500) × 100 = 2%
∴ The correct answer is 2 percent.

Alternate Method
Given: SP1 = ₹1200, Profit = 20% | SP2 = ₹1350, Loss = 10%
Formula Used: CP = SP × 100 ÷ (100 ± P/L %)
CP1 = 1000 +200 SP1 = ₹1200 CP2 = 1500 -150 Loss SP2 = ₹1350 Total CP = ₹2500 Total SP = ₹2550 Gain = ₹50
⇒ Cost Price of Article 1 (CP1) = 1200 × (100 ÷ 120)
⇒ CP1 = ₹1000
⇒ Cost Price of Article 2 (CP2) = 1350 × (100 ÷ 90)
⇒ CP2 = ₹1500
⇒ Total CP = 1000 + 1500 = ₹2500
⇒ Total SP = 1200 + 1350 = ₹2550
⇒ Total Gain = 2550 − 2500 = ₹50
⇒ Gain Percent = (50 ÷ 2500) × 100
⇒ Gain Percent = 50 ÷ 25 = 2%
∴ The correct answer is 2 percent.

Additional Information
Net Profit/Loss when SP is same
If two articles are sold at the same SP, one at x% profit and another at x% loss, there is always a loss of (x/10)2 %.
Marked Price and Discount
Selling Price (SP) = Marked Price (MP) × (100 − Discount%) ÷ 100.
Successive Discounts
For two successive discounts of a% and b%, the effective discount is (a + b − ab/100)%.