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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 ?

Correct Answer: 5% profit

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Math MCQ: 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 ? | Extra Education