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15 April, 12:36

Harry purchased some fruits and sold 1/2 of them at a gain of 60% and 1/4 of them at a

gain of 20%, the rest were spoiled. Find his gain or loss percent on the whole.

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  1. 15 April, 12:56
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    40% gain.

    Step-by-step explanation:

    Suppose he bought 100 fruit at a cost of $40.

    He sold 1/2 ($20) for 20 * 1.6 = $32.

    He sold 1/4 ($10) for 10*1.2 = $24.

    Total revenue = $56 dollars so he made 56 - 40 = $16 profit.

    percent gain = 16 * 100 / 40

    = 40 %.
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