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    5. A book was sold for Rs 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then would have be

    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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