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

Question

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 = ?

Options:

A . 5% profit

B . Neither loss nor gain

C . 5% loss

D . 10% profit

Answer: Option A

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