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Question

Mathematics Question on Profit and Loss

Cost price of 100 copies of a book is equal to the selling price of 60 copies of the same book. The gain or loss percentage is:

A

6623%66\frac{2}{3}\%

B

6712%67\frac{1}{2}\%

C

67%67\%

D

66%66\%

Answer

6623%66\frac{2}{3}\%

Explanation

Solution

The correct option is (A): 6623%66\frac{2}{3}\%