A book was sold for Rs 27.50 with a profit of 10% If it were sold for Rs 25.75 that what would have been the percentage of profit or loss?
4.5%
5.0%
3.0%
3.25%
A
4.5%
B
5.0%
C
3.0%
D
3.25%
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Solution
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The correct option is C 3.0% S.P=27.50 Rs.,Profit=10% C.P=100110×27.50=25Rs. If S.P=25.75 Rs. Then Profit=25−25.75=.75Rs. Profit Percentage=.7525×100=3%
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