A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price giving 10% discount and the rest by giving 50% discount on the marked price. What is his overall profit/loss percent?

A dealer marks his goods at 40% above the cost price. He sells 60% of

1.	A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price giving 10% discount and the rest by giving 50% discount on the marked price. What is his overall profit/loss percent?
A.	Profit 3.6%
B.	Loss 2.8%
C.	Loss 3.6%
D.	Profit 2.8%
Answer» B. Loss 2.8%

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A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price giving 10% discount and the rest by giving 50% discount on the marked price. What is his overall profit/loss percent?

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