A retailer gets a discount of 40% on the printed price of

A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain percent is

Let the marked price of the article be Rs. 100.
on discount of 40% ,

∴ C.P. for the retailer = Rs.		100 × 60		= Rs. 60
		100

Its S.P. = Rs. 100
∴ Profit = S.P. - C.P. = Rs. (100 – 60) = Rs. 40

∴ Profit percent =	Profit	× 100
	C.P.

∴ Profit percent =	40	× 100
	60

200	= 66	2	%
3		3