A person bought two articles for 1500 and 1000 respectively one he sold at a gain of 20%. At what price should he sell the other to get a profit of 16% on the whole transaction ?

A person bought two articles for 1500 and 1000 respectively one he

1.	A person bought two articles for 1500 and 1000 respectively one he sold at a gain of 20%. At what price should he sell the other to get a profit of 16% on the whole transaction ?
A.	1100
B.	1200
C.	1150
D.	1250
Answer» B. 1200

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A person bought two articles for 1500 and 1000 respectively one he sold at a gain of 20%. At what price should he sell the other to get a profit of 16% on the whole transaction ?

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