Question
Prateek bought 2 items at the same price. He sold one
item at 20% profit and another item at 25% profit. What is the overall percentage profit he made?Solution
Let Prateek buys each item for Rs 'x'
Total Selling Price of the two items = (120/100)*x + (125/100)*x = Rs 2.45x
Percentage profit made = ((2.45x - 2x)/2x)*100% = 22.5%
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