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Question

A pen seller sets the selling price of all pens 40% higher than their cost price. He manages to sell 70% of the pens at this marked price, while offering a 20% discount on the marked price for the remaining 30% of the pens. Calculate the overall profit or loss percentage the seller makes after selling all the pens.

A 24.6%

B 30.2%

C 31.6%

D 25.8%

E Cannot be determined

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