Question

A merchant possesses 60 identical items, each marked up by 180% above the cost price. He sells 30 of these items at a 25% discount and the remaining 30 at a 50% discount. Calculate the total profit the seller earns under these conditions, assuming the cost price for each item is consistent.

A 40%
B 80%
C 60%
D 75%
E 50%
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