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A vendor marked the price of an item 25%...

A vendor marked the price of an item 25% above the cost. If he offers a discount of 15% on the marked price, then what is his gain/ loss percentage ?

A

A)Gain: 6.25%

B

B)No gain no loss

C

C)Gain: 5%

D

D)Loss: 5%

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The correct Answer is:
A
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