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Profit and Loss Practice Test 8

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Question : 20

Total: 40

A shopkeeper marks his goods at 40% above the cost price. He is able to sell

th of his goods at this price, and the remaining at 40% discount. Assuming that the shopkeeper is able to sell all the goods he buys, find his loss or gain as % on the whole transaction.

20% loss
23% loss
26% gain
30% gain

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