A trader gains 10% while buying the goods and gains 20% while selling the goods. Find the gain percent of the trader.
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Answer:
The trader will gain 32% profit on the cost price.
Step-by-step explanation:
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31.1 IND.
Step-by-step explanation:
let original C.p = 100 Rs
O. gain = 10% = Rs 10
buying price = 90% of 100 Rs = 90Rs
while selling s.p
= 120% of 90 Rs = 108 Rs
total gain = (108 - 90) + 10 = Rs 28
gain% = 28/90*100 = 31.1 %
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