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Profit and Loss

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  1. A shopkeeper sells (3/4)th of its articles at a gain of 20% and the remaining at C.P. His real gain in the transaction is ?
    1. 10%
    2. 15%
    3. 20%
    4. 25%
Correct Option: B

Net gain = 20% on 3/4 of cost price = 20 x 3/4 % of cost price
= 15% of cost price.


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