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Q: 2 articles are bought at the same price. One is sold at 20% profit and the other is sold at 10%. Find the overall profit / loss percentage.
A. 10% profit B. 10% loss
C. 5% loss D. 5% profit

Answer and Explanation

Answer:5% profit

Explanation:
Suppose 2 articles have the same cost price and one is sold at x% profit and the other is sold at y % loss. The overall profit/loss percentage is given by ½(difference of x and y)%
X=20
Y = 10
Overall profit/loss % = 5% profit

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