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Profit and Loss Practice Test 7

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Question : 34

Total: 40

A tradesman marked his goods at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the marked price. Ultimately what is his total gain?

15%
13.5%
4.5%
2%

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