a tradesman by means of a false balance defrauds to the extent of 8% in buying goods and also defrauds to 8% in selling.find his gain percent
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As the tradesman defrauds 8% in weight during buying, he takes goods of Rs 110 by giving Rs 102.
Again he defrauds 8% in selling means he charges Rs 110 for the goods whose actual cost is Rs.102.
In this way his profit percentage must be 16%. Since in both the time he is gaining total of 8 per cent.
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