Discussion

Explanation:

Let the shopkeeper bought goods worth Rs. 300.

To earn 33.33% profit his total selling price should be 300 + 1/3 × 300 = Rs. 400

But the customer paid 25% less than this.

∴ Amount received by the shopkeeper = 75% of 400 = Rs. 300.

∴ For shopkeeper total cost price = total selling price.

∴ Shopkeeper earns no profit no loss.

Hence, option (b).

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