A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?

A trader marks his articles 20% more than the cost price. If he all

1.	A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?
A.	4% profit
B.	7% profit
C.	7% loss
D.	4% loss
Answer» E.

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A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?

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