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Question
A trader while buying takes 20% extra but while selling, gives 20% less. He claims to make
A trader while buying takes 20% extra but while selling, gives 20% less. He claims to make
10 % profit on this transaction. Find the actual gain made by the trader.
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Answer
Yes, 50% is the answer. He claims to have gained 10%, but due to cheating, he gained 50%.
