An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 15% profit, offers a discount of 15% on the marked price. What is his actual profit on the sales?	Choose the correct choice from the following choices:
A) 12.50 % B) 27.50 % C) 14 % D) 14.50 % E) None
Sol.   Let C.P. = Rs. 100. Then, marked price = Rs. 150.   S.P. = 85% of Rs. 150 = Rs. 127.5.   ∴ Gain% = 27.50%.   Answer 27.50 %
<result>B</result>
An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 15% profit, offers a discount of 15% on the marked price. What is his actual profit on the sales?