A shopkeeper fixes the marked price of his goods at 25% above the cost price. He sells 60% of the goods at the marked price and the rest at a discount of 40%. What is his gain/loss percentage?

A shopkeeper fixes the marked price of his goods at 25% above the cost

1.	A shopkeeper fixes the marked price of his goods at 25% above the cost price. He sells 60% of the goods at the marked price and the rest at a discount of 40%. What is his gain/loss percentage?
A.	Gain: 5%
B.	Loss: 4.8%
C.	Loss: 5%
D.	Gain: 4.8%
Answer» B. Loss: 4.8%

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A shopkeeper fixes the marked price of his goods at 25% above the cost price. He sells 60% of the goods at the marked price and the rest at a discount of 40%. What is his gain/loss percentage?

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