A trader marks 40% more than the cost price on his goods. He sells 75% of the goods at the marked price and the remaining at an 80% discount. What is his profit or loss?

A trader marks 40% more than the cost price on his goods. He sells 75%

1.	A trader marks 40% more than the cost price on his goods. He sells 75% of the goods at the marked price and the remaining at an 80% discount. What is his profit or loss?
A.	10% loss
B.	8% loss
C.	12% profit
D.	10% profit
Answer» D. 10% profit

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A trader marks 40% more than the cost price on his goods. He sells 75% of the goods at the marked price and the remaining at an 80% discount. What is his profit or loss?

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