A shopkeeper marks his goods 40% above the cost price and allows a discount of 15% on the marked price. What is his profit percentage?
A. 25%
B. 19%
C. 21%
D. 15%
1 answer
Best answer
Answer: B. 19%
Answer: (B) 19%
Let CP = 100. MP = 140. SP = \(140 \times 0.85 = 119\). Profit = 19%.
Doubtly AI
· 27 Oct 2026
AI-generated · not yet verified
Report
Was this answer helpful?
Thanks for the feedback.
Sign up free to save answers and ask your own doubts
Your answer
Log in or create a free account to answer this question.