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Profit and Loss

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  1. At kul - kul petrol pump the operator gives 5% less petrol but he sells it at the cost price.What is his profit in this way ?
    1. 5%
    2. 5.6%
    3. 5.26%
    4. 4.78%
Correct Option: C

He sells 95 litre petrol at the price of 100 litre.
So profit % = [ 5 / 95 ] X 100 = 5.26%


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