An article is marked 20% above the cost price and sold at a discount of 20%. What is the netresult of this sale?

An article is marked 20% above the cost price and sold at a discount o

1.	An article is marked 20% above the cost price and sold at a discount of 20%. What is the netresult of this sale?
A.	10% gain
B.	No profit or loss
C.	10% loss
D.	4% loss
Answer» E.

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An article is marked 20% above the cost price and sold at a discount of 20%. What is the netresult of this sale?

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