SOLUTION: A book was sold for rs.27.50 with a profit of 10%. If it were sold for Rs.25.75 , then what would have been the percentage of profit or loss?

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Question 898322: A book was sold for rs.27.50 with a profit of 10%. If it were sold for Rs.25.75 , then what would have been the percentage of profit or loss?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
27.50/1.10=25
0.75/25=0.03=3% profit