Selling 1 kilogram of mangoes for Rs. 500, a shop keeper gains 5%. During an seasonal time, the shopkeeper allows a discount of 5% on the marked price. His gain/loss percent during the sale is? Choose the correct choice from the following options
A) 0.1% B) 2% C) 0.2% D) 5% E) 10%
Explanation:   Marked price = Rs. 500   C.P. = 100/105 * 500 = Rs. 476.19   Sale price = 95% of Rs. 500 = Rs. 475   Required LOSS % = .119/476.19 * 100 = 0.2%.   Answer: 0.2%
<result>C</result>
Selling 1 kilogram of mangoes for Rs. 500, a shop keeper gains 5%. During an seasonal time, the shopkeeper allows a discount of 5% on the marked price. His gain/loss percent during the sale is?