A trader procures his goods from a wholesaler, whose balance reads 120 – InterviewSolution

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1.	A trader procures his goods from a wholesaler, whose balance reads 1200 g for 1000 g. The trader sells all the procured goods to a customer after marking up the goods at20% above the cost price. What is his overall percentage profit or loss in the whole transaction?
Answer» 38% PROFIT 50% profit no profit no loss none of the above ANSWER :C

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