A salesman in order to boost the sale of his articles increased the marked price of each article by 60% and then offered a scheme --when a buyer buys 5 articles then salesman will give him 3 articles free. If each article was initially marked up 50% above the cost price, then find overall profit or loss percentage earned by salesman due to above scheme?

Options

A. A)20% loss
B. B)25% profit
C. C)30% loss
D. D)50% profit

Answer

D