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A shopkeeper sells two articles at 12% and x% profit respectively. Find x if overall average profit=15%.

1. 15%
2. 16%
3. 17%
4. 18%

Correct answer: 18%

Solution

Assuming equal cost prices for both articles: average profit = (12+x)/2 = 15 → 12+x=30 → x=18%.

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