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A trader marks his goods 40 above cost price and allows...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
?

A trader marks his goods 40% above cost price and allows a discount of 25%. The profit he makes is:

Answer & Solution
Correct Answer: Option C
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%
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1 Comment
Abhishek Sarkar
Abhishek Sarkar 7 years ago
use a+b+ab/100
40-25-(40*25)/100=5%
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