A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1800 on repairs and sells it for Rs. 20000, what is his profit/loss percent (correct to one decimal place)?

A dealer buys an article marked at Rs. 20000 with two successive disco

1.	A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1800 on repairs and sells it for Rs. 20000, what is his profit/loss percent (correct to one decimal place)?
A.	17.65% profit
B.	23.46% profit
C.	23.64% loss
D.	17.65% loss
Answer» B. 23.46% profit

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A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1800 on repairs and sells it for Rs. 20000, what is his profit/loss percent (correct to one decimal place)?

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