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>> A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as ...
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Q. A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?
a.
20%
b.
45%
c.
44%
d.
48%
ANSWER: 44%
Answer & Explanation
g% = 20 + 20 + (20*20)/100
= 44%
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