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Discussion :: Profit and Loss

  1. A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:
  2. A.
    8
    B.
    10
    C.
    11
    D.
    12

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    Answer : Option D

    Explanation :

    Suppose he has 100 items. Let C.P. of each item be Re. 1.

    Total cost = Rs. 100. Number of items left after theft = 80.


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