A tradesman by means of his false balance defrauds to the extent of 40%? 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 options:
A) 80% B) 96% C) 92% D) 84% E) 86%
g% = 40 + 40 + (40*40)/100= 
<gadget id="calculator">40 + 40 + (40*40)/100</gadget>
<output>96</output>
96%   ANSWER:96%
<result>B</result>
A tradesman by means of his false balance defrauds to the extent of 40%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?