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A trader gains 10% while buying the goods and gains 20% while selling the goods. Find the gain percent of the trader.
  • a)
    30
  • b)
    31
  • c)
    32
  • d)
    34
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A trader gains 10% while buying the goods and gains 20% while selling ...
  1. Traders gain 10% on buying means an article cost 110rs, he buy it for 100.
    Now he sell it for 20% profit means 110*(120/100) = 132. So gain% is 32.
 
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Most Upvoted Answer
A trader gains 10% while buying the goods and gains 20% while selling ...
  1. Traders gain 10% on buying means an article cost 110rs, he buy it for 100.
    Now he sell it for 20% profit means 110*(120/100) = 132. So gain% is 32.
 
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Community Answer
A trader gains 10% while buying the goods and gains 20% while selling ...
  1. Traders gain 10% on buying means an article cost 110rs, he buy it for 100.
    Now he sell it for 20% profit means 110*(120/100) = 132. So gain% is 32.
 
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Question Description
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