A trader marks his goods 40% above cost price and allows a discount of 25%. The profit he makes is:
A. 15%
B. 10%
C. 5%
D. 2%
Answer: Option C
Solution (By Examveda Team)
Let original CP = Rs. 100 Then, the Marked Price = 40% of 100 + 100 = 140 SP = 140 - 25% of 140 = 105 %Profit = $$\frac{{5 \times 100}}{{100}} = 5\% $$ Net Graphic Change Method: 100 == 40% UP ⇒ 140 == 25% discount ⇒ 105 So, % Profit = 5%This Question Belongs to Arithmetic Ability >> Profit And Loss
use a+b+ab/100
40-25-(40*25)/100=5%