A manufacturer sells an article to a wholesale dealer at a profit of $20 \%$. The wholesale dealer sells it to a retail merchant at a loss of $5 \% .$ Find out the resultant profit or loss.
A manufacturer sells an article to a wholesale dealer at a profit of $20 \%$. The wholesale dealer sells it to a retail merchant at a loss of $5 \% .$ Find out the resultant profit or loss.
- A
$14 \%$ loss
- B
$14 \%$ gain
- C
$12 \%$ gain
- D
None of these
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