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1. A tradesman by means of a false balance defrauds to the extent of 8% in buying goods and also defrauds to 8% is selling. His gain percent is--
- A. 16.64%
- B. 16.64%
- C. 16.64%
- D. 16.64%
Answer: Option A
Explanation:
In such question we adopt the Required gain %
= [(100 + common gain%)2 / 100 - 100] %
= { (108)2/100 - 100 } % = 16.64%
= [(100 + common gain%)2 / 100 - 100] %
= { (108)2/100 - 100 } % = 16.64%
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