1.

Read the following statements carefully and choose the correct option. (i) : The profit percent is always calculated on the S.P of an article. (ii) : The loss percent is always calculated on C.P of an article.

A. is true only
B. (ii) is true only
C. Both (i) and (ii) are true
D. Neither (i) nor (ii) is true
Answer» C. Both (i) and (ii) are true


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