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  1. A dishonest shopkeeper, using a faulty balance makes a profit of 5% while buying as well as while selling his goods. His actual gain percent in the whole process amounts to
    1. 11%
    2. 10%
    3. 10.25%
    4. 10.5%
Correct Option: C

We can find required answer with the help of given formula ,

Actual gain percent = a + b + a x b %
100

Here , a = b = 5%
Actual gain percent = 5 + 5 + 5 x 5 % = 10.25%
100



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