The marked price of a table is ₹3,000, which is 25% above the cost price. It is sold at a discount of 20% on the marked price. What is the profit or loss percent?

No profit, no loss

Let the cost price of the article = 100

Markup = 25%

Then the marked price of the article = 125

Now the discount = 20%

Selling price = 80% of 125 = 100

So profit or loss = 100 - 100 = 0

No profit no loss.