Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was $ 400, then the value of the consignment was

Two-third of a consignment was sold at a profit of 5% and the remainde

1.	Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was $ 400, then the value of the consignment was
A.	$ 15,000
B.	$ 15,500
C.	$ 16,000
D.	$ 16,500
Answer» B. $ 15,500

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Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was $ 400, then the value of the consignment was

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