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 · Accepted 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..

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A trader while buying takes 20% extra but while selling, gives 20% less. He claims to make10 % profit on this transaction. Find the actual gain made by the trader.

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.