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Electronic mechanic

A retailer sells an item for Rs.486 and he makes 8% proﬁt. If he were to sell that item for ?414, then he would make:

Question

A retailer sells an item for Rs.486 and he makes 8% proﬁt. If he were to sell that item for ?414, then he would make:

A.

12% loss

B.

4% loss

C.

8% loss

D.

10% loss

Solution

Correct option is C

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