A trader bought a car at 30% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?  Choose the correct choice from the following options:
A) 118
B) 110
C) 112
D) 113
E) 98
Original price = 100   CP = 70   S = 70*(140/100)= 
<gadget id="calculator">70*(140/100)</gadget>
<output>98</output>
98   100 - 112= 2%   Answer: 98
<result>E</result>
A trader bought a car at 30% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?