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Aptitude · Q114

Profit And Loss

Competitive Exams · Aptitude · question 114

Q114

A coconut merchant finds that the cost price of 2750 coconuts is the same as the selling price of 2500 coconuts. His loss or gain will be = ?

A.
5% loss
B.
10% gain
Answer
C.
15% loss
D.
20% gain

Answer: Option B

Solution

Answer: Option B
Solution:
According to the question,
2750 Cost Price = 2500 Selling Price