1. A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and rest was sold at the cost price. In the total transaction his gain or loss will be
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By: anil on 05 May 2019 02.25 am
Let the cost price of the cloth = Rs. 100/100 m Selling price of 50 m cloth = $$50+(frac{40}{100} imes50)$$ = $$50+20=Rs.$$ $$70$$ Selling price of 25 m cloth = $$25-(frac{40}{100} imes25)$$ = $$25-10=Rs.$$ $$15$$ Selling price of 25 m cloth = Rs. $$25$$
=> Total selling price of 100 m cloth = $$70+15+25=Rs.$$ $$110$$ $$ herefore$$ Profit % = $$frac{(110-100)}{100} imes100=10\%$$ => Ans - (C)
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=> Total selling price of 100 m cloth = $$70+15+25=Rs.$$ $$110$$ $$ herefore$$ Profit % = $$frac{(110-100)}{100} imes100=10\%$$ => Ans - (C)