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1. |
A man purchases a certain number of articles at 20 a rupee and the same number at 30 a rupee. He mixes them together and sells them at 48 for 2 rupees. What is his gain or loss percent in the transaction? ( ADP COMPANY) |
A. | 2%, loss |
B. | 1%, gain |
C. | Neither gain or loss |
D. | 5%, gain |
Answer» D. 5%, gain | |