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A trader marked his goods at 20% above t...

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

7% profit

B

3% profit

C

1% profit

D

2% profit

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Verified by Experts

The correct Answer is:
D
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