Math Problem Statement
A dealer sold two third of his items at a gain of 20% and the remaining at cost price. Find the gain earned by him in the whole transaction.
Solution
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Math Problem Analysis
Mathematical Concepts
Profit and Loss
Percentage Gain
Basic Algebra
Formulas
Selling price = Cost price + Gain%
Percentage gain = (Gain / Cost price) × 100
Theorems
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Suitable Grade Level
Grades 8-10
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