Given,
The ratio of the cost price of two articles \(=4: 9\)
Let the cost price of the first article \(=4 x\)
The cost price of the second article \(=9 x\)
The articles are marked up by \(40 \%\) and \(15 \%\) respectively.
Marked price of first article \(=4 x \times\left(\frac{140}{100}\right)=5.6 x\)
Marked price of second article \(=9 x \times\left(\frac{115}{100}\right)=10.35 x\)
The ratio of their Marked price \(=112: 207\)
Marked price of first article \(=112 y\)
Marked price of second article \(=207 y\)
\(\therefore 5.6 x=112 y\)
\(x=20 y\)
According to question,
Selling price of first article \(=112 y \times\left(\frac{7}{8}\right)=98 y\) .....\((12.5 \%=\frac{1}{8})\)
Profit \(=98 y-4 x=270\)
\(\Rightarrow 98 y-80 y=270\)
\(\Rightarrow 18 y=270\)
\(\Rightarrow y=15\)
\(x=20 \times 15=300\)
Cost price of second article \(=300 \times 9=2700\)
Marked price of second article \(=2700 \times\left(\frac{115}{100}\right)=3105\)
Selling price of second article \(=3105 \times\left(\frac{8}{9}\right)=2760\) .....\((11.11 \%=\frac{1}{9})\)
Profit earned \(=2760-2700=60\)
\(\therefore\) The profit earned on second article is Rs. \(60\).