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On selling an article for Rs. 123.40 the gain is 20% more than the amount of loss incurred on selling it for Rs. 108. If the article is sold for Rs. 120.75, then what is the gain/loss percent?

A. Loss 2.5%

B. Loss 5%

C. Gain 2.5%

D. Gain 5%

Answer: Option D


This Question Belongs to Arithmetic Ability >> Profit And Loss

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