On selling an article for Rs 123.40, the gain is 20% more than the amount of loss incurred on selling it for Rs.108. If the article is sold for Rs. 120.75, then what is the gain/loss per cent?

On selling an article for Rs 123.40, the gain is 20% more than the amo

1.	On selling an article for Rs 123.40, the gain is 20% more than the amount of loss incurred on selling it for Rs.108. If the article is sold for Rs. 120.75, then what is the gain/loss per cent?
A.	Loss 5%
B.	Gain 5%
C.	Gain 2.5%
D.	Loss 2.5%
Answer» C. Gain 2.5%

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On selling an article for Rs 123.40, the gain is 20% more than the amount of loss incurred on selling it for Rs.108. If the article is sold for Rs. 120.75, then what is the gain/loss per cent?

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