A book was sold for Rs. 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then find the…
The cost price is \(27.50/1.10=25\) rupees. Selling for Rs. 25.75 gives a profit of Rs. 0.75, or \(0.75/25\times100=3\%\).
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A book was sold for Rs. 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then find the percentage of profit or loss.
Answer and explanation
Correct answer D
The cost price is rupees. Selling for Rs. 25.75 gives a profit of Rs. 0.75, or .
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