A cloth merchant sold half of his cloth at 20% profit, half of the remaining at 20% loss and the rest was sold at the cost price. In the total transaction, his gain or loss will be a. Neither loss nor gain b. `5%\ los s` c. `5%\ ga in` d. `10 %\ ga in`

Options

A. Neither gain nor loss
B. 5 % loss
C. 5 % gain
D. 10% gain

Answer

C