Question:medium

A trader marks his goods 40% above cost and allows a discount of 25% on the marked price. His profit percentage is:

Updated On: Jul 10, 2026
  • 5%
  • 10%
  • 15%
  • 12%
Show Solution

The Correct Option is A

Solution and Explanation

Step 1: Let CP \(= 100\). Marked price \(= 140\).
Step 2: SP \(= 140 \times (1-0.25) = 105\).
Step 3: Profit\% \(= 105 - 100 = 5\%\).

Quick Tip: Take CP as 100, apply markup then discount as multipliers to read profit directly.
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