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      Question

      A shopkeeper marks an article 25% above cost price and

      then gives 20% discount on marked price. What is the profit or loss percent?
      A 5% profit Correct Answer Incorrect Answer
      B 5% loss Correct Answer Incorrect Answer
      C 10% profit Correct Answer Incorrect Answer
      D No profit no loss Correct Answer Incorrect Answer

      Solution

      ATQ, Let CP = 100 MP = 125 SP = 125 × 80/100 = 100 So SP = CP ⇒ no profit no loss

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