If a shopkeeper marks the price of goods 30% more than their cost price and allows a discount of 20%, then what is his gain or loss percent?

If a shopkeeper marks the price of goods 30% more than their cost pric

1.	If a shopkeeper marks the price of goods 30% more than their cost price and allows a discount of 20%, then what is his gain or loss percent?
A.	4%, Proﬁt
B.	5%, Proﬁt
C.	5%, Loss
D.	4%, Loss
Answer» B. 5%, Proﬁt

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If a shopkeeper marks the price of goods 30% more than their cost price and allows a discount of 20%, then what is his gain or loss percent?

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