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A businessman cheats by using faulty weights, to the tune of 12% each time, when buying and selling material. What is the rise in his profit percentag
Question

A businessman cheats by using faulty weights, to the tune of 12% each time, when buying and selling material. What is the rise in his profit percentage using faulty weights only?

A.

22%

B.

25.44%

C.

24%

D.

26.32%

Correct option is B

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