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A merchant earns 25% profit in general. ...

A merchant earns `25%` profit in general. Once his `25%` consignment was abducted forever by some goondas. Trying to compensate his loss he sold the rest amount by increasing his selling price by `20%`. What is the new percentage profit or loss

A

10% loss

B

12.5% loss

C

12.5% profit

D

11.11% loss

Text Solution

Verified by Experts

The correct Answer is:
C
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