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1. |
A merchant earns 25% profit in general. Once his 25% consignment was abducted forever by some goondas. Trying to compensate his loss he sold the rest amount by increasing his selling price by 20%. What is the new percentage profit or loss? |
A. | 10% loss |
B. | 12.5% loss |
C. | 12.5% profit |
D. | 11.11% loss |
Answer» D. 11.11% loss | |