Railway Recruitment Board Mathematics — Question 1707
Question
A shopkeeper marks his goods 40% above cost and then gives a discount of 10%. What is his profit percentage?
- 30%
- 25%
- 28%
- 26%
Correct answer
D — 26%
Explanation (English)
Let CP = 100. Marked price = 140. SP after 10% discount = 140 × 0.90 = 126. Profit = 26 → profit% = 26%.
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