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1. A person makes a profit of 10% on 25% of the quantity and a loss of 20% on the rest. What is the percentage gain or loss on the whole?
- A. 10%
- B. 10%
- C. 10%
- D. 10%
Answer: Option B
Explanation:
Suppose cost price = 100 Tk. Gain on 25Tk = 2.50 Tk = Selling price = 25 + 2.50 = 27.50 TK Loss on 75 Tk = 15 Tk Selling price = 75 - 15 = 60 Tk Total selling price = 60 + 27.50 = 87.50 Loss = 100 - 87.50 = 12.50
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