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Two items cost the same. One sells at 20% gain and the other at 10% loss on cost. Overall result?

A5% profit
B5% loss
C10% profit
D10% loss
Answer & Solution
Correct answer: A. 5% profit
For cost ₹100 each, the sales are ₹120 and ₹90; ₹10 profit on ₹200 total cost is 5%.
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