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A sells a watch to B and makes a loss of 12%. B makes a profit of (25 / 2) by selling the watch to C. If A sells the watch to B at the cost of which C purchased it, then the percentage of loss or profit of A will be
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- 1% loss
- 1% profit
- 2% loss
- 2% profit
Correct Option: A
Suppose C.P. for A = Rs. 100
C.P. for B at a loss of 12% = Rs. 88
| C.P. for C = 88 × | = Rs. 99 | 200 |
Loss = 100 - 99 = 1
| ∴ Required loss percent = | × 100 = 1% | 100 |
