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Q. 5 years ago, Sunil has brought a motorcycle of Rs. 30000. If the depreciation of the fixed annual rate is 5% and he sold it for Rs. 20000, then what will be the gain/loss percentage ?

  • (A) No loss – No Gain
  • (B) Loss, 25%
  • (C) Loss, 12.5%
  • (D) Gain, 12.5%
  • Correct Answer - Option(C)
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  • Filed under category Math
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