MCQOPTIONS
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| 1. |
A merchant earns 25% profit in general. Once his 25% consignment was stolen by some goons. Trying to compensate his loss he sold the rest of the consignment by increasing his selling price by 20%. What is the new percentage of profit or loss? |
| A. | 12.5% |
| B. | 14.5% |
| C. | 16.8% |
| D. | 18.5% |
| Answer» B. 14.5% | |