A trader marks his goods at 40 % above the cost price but allows a discount of 25 %. What is his gain percent?

A trader marks his goods at 40 % above the cost price but allows a dis

1.	A trader marks his goods at 40 % above the cost price but allows a discount of 25 %. What is his gain percent?
A.	6 %
B.	7 %
C.	5 %
D.	8 %
Answer» D. 8 %

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A trader marks his goods at 40 % above the cost price but allows a discount of 25 %. What is his gain percent?

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