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Profit and Loss

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  1. A dealer sold three-fourth of his articles at a gain of 24% and the remaining at the cost price. Percentage of gain in the whole transaction is ?
    1. 15
    2. 18
    3. 24
    4. 32
Correct Option: B

Let CP = ₹ 100
∴ SP = [75 x (124/100)] + 25
= 93 + 25 = ₹ 118
Clearly, gain % = 18%


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