Multiple Choice Questions on If the cost price is 5 more than the selling price then in the transaction there will be ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

If the cost price is 5 more than the selling price then in the transaction there will be ........

Quantitative Aptitude ( CCS) Profit and loss
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     If the cost price is 5% more than the selling price, then in the transaction there will be ?

    4.76% loss

    Correct Answer

    4.76% gain

    Incorrect Answer

    5% loss

    Incorrect Answer

    4.84% gain

    Incorrect Answer
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    Explanation:

    C.P : S.P

    105 : 100        =>     21 : 20

    Loss% = Loss/C.P * 100% = 1/21 * 100% = 4.76%

    By: Deepak Dawra
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