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.

Question

Ankita Saha · Answer

Yes, 50% is the answer. He claims to have gained 10%, but due to cheating, he gained 50%.

priyanshu maurya · Answer

50% is the right answer..

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.

Join CAT 2026 course by 5-Time CAT 100%iler

Download resources