MBA CDOE (USOL) Panjab University MBA Entrance Exam with MCQ Answers 2015

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33.

By selling a cow for Rs 455/- a man loses 9%. If he sells it for Rs. 555/-, what would be his gain or loss percentage ?

A: Gain of 13%
B: Gain of 11%
C: Loss of 11%
D: Loss of 13%

The answer is: C