A tradesman marks his goods at 40% above...

A tradesman marks his goods at 40% above its cost price and allows purchasers a discount of 25% on cash payment. The profit, he thus makes, is

A

0.05

B

0.1

C

0.125

D

0.2

AI Generated Solution

Similar Questions

Explore conceptually related problems

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

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

A tradesman marks his goods at 25% above cost price and allows discount of 12.5 per cent for cash payment. What profit per cent does he make ?

A trader marks his goods at 40% above the cost price but allows a discount of 20% on the marked price. His profit percentage is

A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on the marked price, what profit per cent does he make?