A dealer buys an article marked at 25,000 with 20% and 5% off. He spends 1,000 for itsrepair and sells it for 25,000. What is his gain or loss per cent?

A dealer buys an article marked at 25,000 with 20% and 5% off. He sp

1.	A dealer buys an article marked at 25,000 with 20% and 5% off. He spends 1,000 for its repair and sells it for 25,000. What is his gain or loss per cent?
A.	Loss of 25%
B.	Gain of 25%
C.	Gain of 10%
D.	Loss of 10%
Answer» C. Gain of 10%

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A dealer buys an article marked at 25,000 with 20% and 5% off. He spends 1,000 for itsrepair and sells it for 25,000. What is his gain or loss per cent?

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A dealer buys an article marked at 25,000 with 20% and 5% off. He spends 1,000 for its
repair and sells it for 25,000. What is his gain or loss per cent?