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A person purchases 40 items at 10 each. ...

A person purchases 40 items at 10 each. He sells a part of them at 25% profit and the remaining at 10% loss. The net profit is 4% in this transaction. The number of items he sold at a loss, is:

A

18

B

22

C

16

D

24

Text Solution

Verified by Experts

The correct Answer is:
D
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