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1. A shopkeeper sold and item at 20% profit and another item at 10% loss. If the cost price of both the items is same, find overall profit percent.
- A. 7.55%
- B. 7.55%
- C. 7.55%
- D. 7.55%
Answer: Option B
Explanation:
Let, cost price of per item 100 Tk.
1st item sell price = 120
2nd item sell price = 90
Total cost price = 100 + 100 = 200
Total sell price = 120 + 90 = 210
Profit percentage = {(210 - 200)/200}×100 = 5% .
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