If a shopkeeper marks the price of goods 40% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?

If a shopkeeper marks the price of goods 40% more than their cost pric

1.	If a shopkeeper marks the price of goods 40% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?
A.	5%, Loss
B.	10%, Loss
C.	2%, Loss
D.	7.5%, Profit
Answer» D. 7.5%, Profit

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If a shopkeeper marks the price of goods 40% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?

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