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    Question

    A shopkeeper sold two items. The selling price of the

    first item equal the cost price of the second item. He sold the first item at a profit of 20% and the second item at a loss of 10%. What is his overall profit /loss percent.?
    A 3.63% Correct Answer Incorrect Answer
    B 2.63% Correct Answer Incorrect Answer
    C 3.65% Correct Answer Incorrect Answer
    D 4.23% Correct Answer Incorrect Answer

    Solution

                                                 CP          SP 1st =20%=1/5                     5×5          6×5 2nd =-10%=-1/10               10×3        9×3                                                             55           57 P% =2/55) ×100 =40/11=3.63% Note -To equate the SP of 1st With CP of 2nd, take the LCM of 6 and 10.

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