Multiple Choice Questions on A book was sold for Rs 27 50 with a profit of 10 if it were sold for Rs 25 75 then what would have b........... for IBPS RRB - Officers Exam Preparation

Profit and loss

Quantitative Aptitude(IBPS RRB PO)

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Indian Economy - Understanding the basics of Indian economic system

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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 what would have been the percentage of profit or loss?

    2%

    Incorrect Answer

    3%

    Correct Answer

    2.5%

    Incorrect Answer

    5%

    Incorrect Answer
    Explanation:

    sp=27.5
    profit%=10
    cp=25
    if it were sold for Rs. 25.75 then
    then profit %=0.75*100/25=3


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