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

A cloth merchant sold half of his cloth at 20 % profit, half of the re

1.	A cloth merchant sold half of his cloth at 20 % profit, half of the remaining cloth at 20 % loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be
A.	5% profit
B.	Neither loss nor gain
C.	5% loss
D.	10%
Answer» B. Neither loss nor gain

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

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