By selling 12 kg of potatoes for 63, a shopkeeper gains 5%. What does his gain o

Question

By selling 12 kg of potatoes for 63, a shopkeeper gains 5%. What does his gain or loss percent by selling. 50 kg of the same potatoes for 247.50 ?

Options:

A . 1% profit

B . 1% loss

C . No profit no loss

D . 2.5% profit

Answer: Option B

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