A tradesman by means of his false balance defrauds to the extent of 22%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?  Choose the correct option:
A) 47
B) 46.8
C) 48.8
D) 49
E) 27
Explanation:   g% = 22 + 22+ (22*22)/100   = 48.8%   Answer: 48.8
<result>C</result>
A tradesman by means of his false balance defrauds to the extent of 22%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?