Question

A book was sold for Rs 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then would have been percentage of profit and loss ?

A 2% Profit Correct Answer Incorrect Answer
B 3% Profit Correct Answer Incorrect Answer
C 2% Loss Correct Answer Incorrect Answer
D 3% Loss Correct Answer Incorrect Answer

Solution

The correct answer is B

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