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A person bought cloth at per and sold of it at a gain of . At what gain percent did he sell the remaining cloth, if he gained on his total outlay?

  1. A
    26%
  2. B
    22%
  3. C
    28%
  4. D
    24%

Solution & Step-by-step Explanation

Let's solve this using the weighted average method. The cost price per meter is constant, so we can work directly with the quantities/proportions of cloth:Part 1 ( of cloth) = of totalPart 2 (Remaining of cloth) = of totalThe ratio of the weights is .Let the gain percentage on the remaining part be .Gain on first part = Overall gain = Using the formula for weighted average:




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A person bought cloth at per and sold of it at a gain of . At what gain percent did he sell the remaining cloth, if he gained on his total outlay?
A
26%
B
22%
C
28%
D
24%

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