Mathematics · Profit and Loss
A trader sells an article at price P incurring a 10% loss on cost price. He later marks another identical article at 1.25P and offers a 20% discount on it. Find his overall net gain or loss percentage on the second article relative to its cost price.
- 16.25% Loss
- 210% Loss✓
- 36.25% Profit
- 410% Profit
Correct answer
10% Loss
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