-
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
-
- 5% profit
- Neither loss nor gain
- 5% loss
- 10% profit
Correct Option: A
Let Total CP of clothes = $ 100
| Total SP = $ |  | 50 × 120 | + | 25 × 80 | + 25 |  | |
| 100 | 6 |
Total SP = $ (60 + 20 + 25) = $ 105
∴ Gain = Total SP - Total CP = 105 - 100 = $ 5
| ∴ Gain % = | | 5 | × 100 | | ||
| 100 |
