campus placement eLitmus Test Series Quantitative Aptitude Profit and Loss Discount and MP

A shopkeeper, sold cashew nuts at the rate Rs 1,260 a kg and bears a loss of 8%. Now if he decides to sell it at Rs 1,386 per kg, what will be the result?

1

1.2 percent gain

2

2.4 percent gain

3

1.2 percent loss

4

2.4 percent loss

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