A tradesman by means of his false balance defrauds to the extent of 1%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?	Choose the correct choice from the following.
A) 2% B) 77% C) 44% D) 16% E) 47%
g% = 1 + 1 + (1*1)/100   = 2%   2%nswer: 2%
<result>A</result>
A tradesman by means of his false balance defrauds to the extent of 1%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?