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A wholesale trader purchases a certain number of identical gadgets. He sells 40% of the gadgets at a profit of 25%, and 50% of the remaining gadgets at a loss of 10%. If he sells the final left-over gadgets at his exact cost price, then the overall net profit percentage on the entire transaction is:
10%
5%
7%
12%
7%
Practice and solve "A wholesale trader purchases a certain number of identical gadgets. He sells 40% of the gadgets at a..." for Part 2 Numerical Ability - CILMTElectrical 2026. The correct answer is Option C: 7%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A wholesale trader purchases a certain number of identical gadgets. He sells 40% of the gadgets at a..." for Part 2 Numerical Ability - CILMTElectrical 2026. The correct answer is Option C: 7%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.