Question

a cloth merchant sold half of his cloth at 20% profit half of the remaining at 20% loss and the rest was sold at the cost price find his gain or loss percent in the whole transaction ​

Answer 1

Answer:

There is 4 % of loss in the whole transaction .

Step-by-step explanation:

Given as :

A cloth merchant sold half of his cloth at 20% profit

And

Half of the remaining cloths were sold at 20% loss

Let The resultant percentage = 20 % profit + 20 % loss - $\dfrac{20 profit\times 20 loss}{100}$

Or, resultant percentage =  20% - 20% - 4

Or resultant percentage = 0 - 4

So, The resultant is 4 % loss

Hence, There is 4 % of loss in the whole transaction . Answer