A seller sells his rice at a cost price but uses a faulty

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Source: e-GMAT

A seller sells his rice at a cost price but uses a faulty weighing machine. The weighing machine reads a% less than that actual weight of the rice that is being sold. Find the profit/loss percentage on selling 1010 kg of the rice.

1) If the seller gives a discount of 10%, then he will incur a loss of 55%
2) The cost price per kg is 5 dollars.

The OA is A
Source: — Data Sufficiency |