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Profit and Loss

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  1. By selling an article for Rs. 100 one loses Rs. 10. Then the loss percent is ?
    1. 111/9
    2. 91/11
    3. 10%
    4. None of these
Correct Option: B

S.P. = Rs. 100, Loss = Rs. 10
∴ C.P. = S.P. + Loss = Rs. 110
∴ Loss% = (10/110) x 100% = 91/11%


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