A dealer buys an article marked at Rs. 30000 with two successive discounts of 20% and 5%. He spends Rs. 1200 on repairs and sells it for Rs. 30000, what is his profit/loss percent?

A dealer buys an article marked at Rs. 30000 with two successive disco

1.	A dealer buys an article marked at Rs. 30000 with two successive discounts of 20% and 5%. He spends Rs. 1200 on repairs and sells it for Rs. 30000, what is his profit/loss percent?
A.	20% loss
B.	25% profit
C.	25% loss
D.	20% profit
Answer» C. 25% loss

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A dealer buys an article marked at Rs. 30000 with two successive discounts of 20% and 5%. He spends Rs. 1200 on repairs and sells it for Rs. 30000, what is his profit/loss percent?

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