Start learning →

An article is marked 25% above cost, then sold at a 20% discount on that mark. What is the result?

A10% gain
B5% gain
C5% loss
D0% gain
Answer & Solution
Correct answer: D. 0% gain
The selling price is 1.25 × 0.8 = 1 times cost, so there is no profit or loss.
Practise this question with Quill — ICSE Class 8 →

Keep practising Comparing Quantities

Browse all Comparing Quantities questions for ICSE Class 8, or explore more Mathematics topics.

Start a Comparing Quantities lesson →
Related questions