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A merchant earns 25% profit in general. Once his 25% consignement 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 percetnage profit or loss?

1)10% loss

2)12.5% loss

3)12.5% profit

4)11.11% loss

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    12.5% profit

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  • Exam: Profit and Loss QUESTIONS

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