A vendor marked the price of an item 25% above the cost price. If he offers a discount of 15% on the marked price, then what is his gain/loss percentage?

A vendor marked the price of an item 25% above the cost price. If he o

1.	A vendor marked the price of an item 25% above the cost price. If he offers a discount of 15% on the marked price, then what is his gain/loss percentage?
A.	Gain : 6.25%
B.	No gain no loss
C.	Gain : 5%
D.	Loss : 5%
Answer» B. No gain no loss

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A vendor marked the price of an item 25% above the cost price. If he offers a discount of 15% on the marked price, then what is his gain/loss percentage?

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