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      Question

      A shopkeeper sells a product at some loss. If he

      reduces the selling price of the product by 5 percent, his loss increases by 4 percent. At what loss percent he sells his product? (Note: Options are rounded off)
      A 63.63 percent Correct Answer Incorrect Answer
      B 35 percent Correct Answer Incorrect Answer
      C 55.55 percent Correct Answer Incorrect Answer
      D 40 percent Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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