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Cost price of a jeans is Rs 200 more tha...

Cost price of a jeans is Rs 200 more than cost price of a shirt. If shirt is sold at 20% loss and jeans is sold at 25% profit, then shopkeeper gets a total profit of `5(5)/(7)%` on selling a shirt and a jeans. Find the overall profit or loss (in %) of shopkeeper, if shirt is sold at 25% profit and jeans is sold at 20% loss?

A

A)`(5)/(7)%`

B

B)`(4)/(7)%`

C

C)`(3)/(7)%`

D

D)`(2)/(7)%`

Text Solution

Verified by Experts

The correct Answer is:
A
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ADDA247-PROFIT AND LOSS-Prelims Questions (Level-2)
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  16. Retailer mark up an article 35% above its cost price and earn Rs 480 b...

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  17. There is some profit when an article is sold for Rs.840. However, when...

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  18. Retailer mark up an article 35% above its cost price and earn Rs 96 by...

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  19. When an article is sold at 40% discount, a loss of 10% occurs but when...

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  20. 20% of product bought by a shopkeeper is damaged and are sold at 30% d...

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