A book was sold for Rs 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then would have been percentage of profit and loss ?
Correct answer: B
Explanation
S.P.=(100+gain%100∗C.P)
So, C.P. = (100/110∗25.75)
When S.P. = 25.75 then
Profit=25.75−25=Re.0.75
Profit%=0.75/25∗100=3%
Answer is B
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Source: Algebra word problems from the AQuA-RAT dataset (Ling et al., 2017), published by Google DeepMind under the Apache License 2.0.
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AQuA-RAT items are crowdsourced algebra problems, not ACT questions. They carry five answer choices in the pre-2025 ACT Mathematics style and no ACT reporting category. Useful for drilling Preparing for Higher Math content; not a substitute for a real form.