1.

A trader marked his goods at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the marked price. His total gain is

A. 2%
B. 4.5%
C. 13.5%
D. 15%
Answer» B. 4.5%


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