A shopkeeper marks his goods 40% above the cost price and allows a discount of 25% on it. His gain % is
Let cost price = $$Rs.$$ $$100x$$
Markup % = 40%
=> Marked Price = $$100x \times \frac{140}{100}=Rs.$$ $$140x$$
Discount % = 25%
=> Selling price = $$140x \times \frac{75}{100}=Rs.$$ $$105x$$
$$\therefore$$ Profit % = $$\frac{105x-100x}{100x} \times 100$$
= $$\frac{5}{100} \times 100=5\%$$
=> Ans - (A)
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