A dealer buys an article marked at 40000 with 20% and 10% off. He spends 1200 on its repairs and sells it for 30000. What is his gain or loss per cent ?

A dealer buys an article marked at 40000 with 20% and 10% off. He sp

1.	A dealer buys an article marked at 40000 with 20% and 10% off. He spends 1200 on its repairs and sells it for 30000. What is his gain or loss per cent ?
A.	10% gain
B.	10% loss
C.	No gain no loss
D.	None of these
Answer» D. None of these

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A dealer buys an article marked at 40000 with 20% and 10% off. He spends 1200 on its repairs and sells it for 30000. What is his gain or loss per cent ?

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