A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and the rest was sold at the cost price. In the total transaction his gain or loss will be = ?

A cloth merchant sold half of his cloth at 40% profit, half of remaini

1.	A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and the rest was sold at the cost price. In the total transaction his gain or loss will be = ?
A.	0% gain
B.	5% loss
C.	0% gain
D.	5% loss
Answer» D. 5% loss

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A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and the rest was sold at the cost price. In the total transaction his gain or loss will be = ?

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