Question

An article is marked 25% above cost price. The shopkeeper allows discount of 20% on it. Find his
gain or loss percent.
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Answer 1

Step-by-step explanation:

Let the cost is 100

marked price is 100×25%= 25

100+25= 125

discount is 125×20%= 25

selling price = marked price - discount price

125-25= 100

now cost and selling price are equal

so there is no loss no gain

Answer 2

Answer:

Step-by-step explanation: