If five books are sold at 6% profit and five other books are sold at 5% loss, and each book costs 420, then what is the
overall profit or loss
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2
Answer:
21
Step-by-step explanation:
cost price of 5 books = 5*420= 2100
selling price of 5 books at 6% profit
= 2100*106/100= 2226
selling price of 5 books at 5% loss=
2100*95/100= 1995
Total selling price =2226+1995= 4221
Total cost price= 4200
Profit =S.P- C P= 4221-4200= 21
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