The marked price of an article is 25% above the cost price. If it sold – McqOptions

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1.	The marked price of an article is 25% above the cost price. If it sold for Rs. 450 after a discount of Rs. 78.75, then profit/loss percentage is closest to.
A.	6.4% profit
B.	6.4 % loss
C.	5.6% loss
D.	5.6% profit
Answer» B. 6.4 % loss

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