A merchant marks his goods up by 40% and then offers a discount of 10% on the marked price. What % profit does the merchant make after the discount?
Choose the correct option:
A) 8%  B) 14%  C) 26%  D) 15%  E) 17%
Let the price be 100.   The price becomes 140 after a 40% markup.   Now a discount of 10% on 126.   Profit=126-100   26%   answer 26%
<result>C</result>
A merchant marks his goods up by 40% and then offers a discount of 10% on the marked price. What % profit does the merchant make after the discount?