A dishonest trader claims to sell his goods at cost price (C.P.), but cheats by 7% while buying and by 9% while selling. What percentage of profit does he make?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 14%
2. (B) 12.25%
3. (C) 17.20%
4. (D) 16.63%

Verified Answer

Option (D): 16.63%

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