1.

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?

A.  Loss, 3%  
B.  Profit, 2%      
C.  Profit, 3%      
D.      Loss, 2%        
Answer» D.      Loss, 2%        


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