An uneducated retailer marks all his goods at 65% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?	Choose the correct choice from the following
A) 12.50 %	B) 13.50 %	C) 14 %	D) 23.75%	E) None
Sol.   Let C.P. = Rs. 100. Then, marked price = Rs. 165.   S.P. = 75% of Rs. 165 = Rs. 123.75.   ∴ Gain% = 23.75%.   Answer 23.75%
<result>D</result>
An uneducated retailer marks all his goods at 65% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?