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A cloth merchant sold half of his cloth ...

A cloth merchant sold half of his cloth at 20% profit, half of the other cloth at 20% loss and the rest was sold at his cost price. In the total transaction, his gain or loss will be:

A

a)5% profit

B

b)Neither loss nor gain

C

c)5% loss

D

d)10% profit

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The correct Answer is:
A
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