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A wholesaler sells half of his stock (by cost) at a 20% profit and the other half at a 10% loss. What is his overall profit or loss?

Class 8Profit and LossComparing Quantities
  • AProfit of 15%
  • BProfit of 5%
  • CProfit of 10%
  • DLoss of 5%

Step-by-Step Solution

Say each half costs ₹100. SP = 120 + 90 = ₹210 on a cost of ₹200. Profit = ₹10 = 5%.
Answer: B) Profit of 5%

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