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Discussion :: Profit and Loss

  1. A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?
  2. A.
    20%
    B.
    45%
    C.
    44%
    D.
    48%

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    Workspace

    Answer : Option C

    Explanation :

    g% = 20 + 20 + (20*20)/100

          = 44%


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