Two items sell for ₹360 each. One gives 50% profit and the other 10% loss. Overall result?
A10% profit
B20% profit
C15% profit
D12.5% profit
Answer & Solution
Correct answer: D. 12.5% profit
Their costs are ₹360/1.5 = ₹240 and ₹360/0.9 = ₹400; ₹80 profit on ₹640 is 12.5%.
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