state gov BMC Clerk - Karyakari Sahayak Mock Test 2024 Quantitative Aptitude Profit and Loss Successive Selling
A store sells an item for Rs. 500, making a profit of 25%. Later, the store reduces the price of the item by 20% to clear out old inventory. What is the new percentage profit or loss for the store?
1
2% profit
2
5% profit
3
5% loss
4
No profit, no loss