23. The cost prices of two shirts are equal. One shirt is
sold for 20% profit and the other is sold for
10% loss. Find the overall profit percentage.
Answers
Answered by
4
Answer:
5%
Step-by-step explanation:
Let the CP of 1 shirt be 100.
So 1 shirt is sold at 20% profit i.e. at 120
and the other is sold at 10% loss i.e. 90
Total CP = 100+100 = 200
Total SP = 120+90 = 210
Profit = SP - CP
= 210 - 200
= 10
Profit % = Profit/CP ×100
= 10/200 × 100
= 5%
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