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A book was sold for Rs. 27.50 with as pr...

A book was sold for Rs. 27.50 with as profit of 10%. If it were sold for Rs. 25.7, then what would have been the percentage of profit or loss?

A

Profit, 3%

B

Loss, 5%

C

Profit, 5%

D

Loss, 3%

Text Solution

Verified by Experts

The correct Answer is:
A
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