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Multiple choice

I gain 19% if I sell an article for ₹ 595. What would be my gain or loss percentage if I sell it for ₹ 475?

  1. Gain 5%

  2. Loss 5%

  3. Loss 10%

  4. Gain 10%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

If selling at ₹595 gives 19% profit, then cost price = 595/1.19 = ₹500. If sold at ₹475, loss = 500 - 475 = ₹25. Loss percentage = 25/500 × 100 = 5%.

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