A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1000 for its repair and sells it for Rs. 20000. What is his profit/loss percent (correct to two decimal places)?

A dealer buys an article marked at Rs. 20000 with two successive disco

1.	A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1000 for its repair and sells it for Rs. 20000. What is his profit/loss percent (correct to two decimal places)?
A.	25.64% loss
B.	25.64% profit
C.	23.64% loss
D.	23.46% profit
Answer» E.

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A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1000 for its repair and sells it for Rs. 20000. What is his profit/loss percent (correct to two decimal places)?

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