A) No gain, no loss
B) a loss of 4%
C) A gain of 4%
D) a gain of 8%
Correct Answer: B
Solution :
Let the cost price of the article be Rs. 100. \[\therefore \] Market Price = Rs. 120 After a discount of 20%, Selling price \[=120\times \frac{80}{100}=Rs.96\] Clearly there will be a loss of 4%You need to login to perform this action.
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