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EMP Q.4

0. A man sells sugar to a tradesman at a profit of 20% but the tradesman becoming bankrupt pays only 80 paise in the rupee. How much percentage does the man gain or lose by his sale?

  • Option : C
  • Explanation :

    Let CP be Rs.x
    SP = 1.2 x But he gets only 1.2x * 0.8 = 0.96x
    Loss = 0.04x  
    Hence Loss % = 4.

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