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Question

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?
  1. 4.5%
  2. 5.0%
  3. 3.0%
  4. 3.25%

A
4.5%
B
5.0%
C
3.0%
D
3.25%
Solution
Verified by Toppr

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=2525.75=.75Rs.
Profit Percentage=.7525×100=3%

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