8%
10%
12%
15%
Correct answer is C
profit 8% of N1.35 = 8100 x N1.35 = N0.08
Cost price = N1.35 - N0.10 = N1.25
If he sells the 20 oranges for N1.10 now
%loss = actual lossCost price x 100
125−1.101.25 x 100
= 0.15×1001.25
= 151.25
= 12%
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