A shopkeeper marked an article at 20 % more than the price he paid for it. If he allows a discount of 20% on the marked price while selling it, what would be his profit or loss per cent?

Percent of profit or loss cannot be calculated

A shopkeeper marked an article at 20 % more than the price he paid for

1.	A shopkeeper marked an article at 20 % more than the price he paid for it. If he allows a discount of 20% on the marked price while selling it, what would be his profit or loss per cent?
A.	No profit no loss
B.	Profit 4%
C.	Loss 4%
D.	Percent of profit or loss cannot be calculated
Answer» D. Percent of profit or loss cannot be calculated

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A shopkeeper marked an article at 20 % more than the price he paid for it. If he allows a discount of 20% on the marked price while selling it, what would be his profit or loss per cent?

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