A merchant marks up the price of his goods by 40% more than the cost price. He then sells 1/5th of his goods at a discount of 10%

March 15, 2024

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A merchant marks up the price of his goods by 40% more than the cost price. He then sells 1/5^th of his goods at a discount of 10%, half of the goods at the marked price and the rest of the goods at a discount of 20%. Find his profit percentage.

(a) 25.5%

(b) 28.8%

(d) 26.6%

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