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Q:

A cloth merchant sold half of his cloth at 20 % profit, half of the remaining cloth at 20 % loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be 

  • 1
    5% profit
  • 2
    Neither loss nor gain
  • 3
    5% loss
  • 4
    10%
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Answer : 1. "5% profit "

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