Question

Anita tried her hands on selling a cake that she had baked. She sold half of her cake at 20% profit, but seeing that cake would perish soon, sold half of the remaining cake at cost price. She had to sell the rest of the cake at 20% loss. What was her total percentage gain or loss?

A 10% loss
B 5% loss
C 5% profit
D 10% profit
E Neither gain nor loss
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