A sells a bicycle to B at a profit of 80% and B sells it to C at a loss of 40%. Find the resultant profit or loss.  Choose the correct option: A) -4% B) 5% C) -5% D) 8% E) -7%
The resultant profit or loss = 80 - 40 - (80*40)/100= 
<gadget id="calculator">80 - 40 - (80*40)/100</gadget>
<output>8</output>
8%   Profit= 8%   Answer is 8%
<result>D</result>
A sells a bicycle to B at a profit of 80% and B sells it to C at a loss of 40%. Find the resultant profit or loss.