A trader professes to sell his goods at a nominal gain percentage but actually earns $$37\frac{1}{2}$$% profit by using false weight. If for a kg he uses a weight of 800 gm, what is the nominal gain percentage at which he claims to be selling his goods ?

A trader professes to sell his goods at a nominal gain percentage but

1.	A trader professes to sell his goods at a nominal gain percentage but actually earns $$37\frac{1}{2}$$% profit by using false weight. If for a kg he uses a weight of 800 gm, what is the nominal gain percentage at which he claims to be selling his goods ?
A.	%
B.	0%
C.	5%
D.	0%
Answer» C. 5%

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A trader professes to sell his goods at a nominal gain percentage but actually earns $$37\frac{1}{2}$$% profit by using false weight. If for a kg he uses a weight of 800 gm, what is the nominal gain percentage at which he claims to be selling his goods ?

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