A merchant fixes the sale price of his goods at 42% above the cost price. He sells his goods at a 15% discount on the marked price. What is his percen...

Question

A merchant fixes the sale price of his goods at 42% above the cost price. He sells his goods at a 15% discount on the marked price. What is his percentage of profit (rounded off to the nearest integer)?

Options

A.

21%

B.

42%

C.

35%

D.

27%

profitlossdiscountpercentagecost priceselling pricemarked price

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