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A dealer buys an article marked at Rs ...

A dealer buys an article marked at Rs 25000 with 20% and 5% of. He spends Rs. 1000 on its repairs and sells it for Rs. 25000. What is his gain or loss percent?

A

Loss of 25%

B

Gain of 25%

C

Gain of 10%

D

Loss of 10%

Text Solution

Verified by Experts

The correct Answer is:
B
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