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A trader marks his goods 40% above cost price and allows a discount of 25 %. The profit he makes, is :
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- 15%
- 10 %
- 5 %
- 2 %
Correct Option: C
Let the cost price be ₹ 100.
Marked price = ₹ 140
S.P.= | = ₹ 105 | |
100 |
∴ Profit percent = 5%
2nd method to solve this question.
Here, r = 40%, r1 = 25%
Profit % = | − r1 | |
100 |
= | − 25 | |
100 |
= | − 25 | |
100 |
= | − 25 | |
100 |
Profit % = 30 – 25 = 5%