Q. A cloth merchant sold half of his cloth at 20% profit, half of the remaining cloth at 20% loss and the rest was sold at his cost price. In the total transaction, his gain or loss will be ?

  • (A) 5% profit
  • (B) Neither loss nor gain
  • (C) 5% loss
  • (D) 10% profit
βœ… Correct Answer: (A) 5% profit

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