An uneducated retailer marks all his goods at 55% 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?
Select the correct option.
A) 12.50 %  B) 13.50 %  C) 14 %  D) 14.50 %  E) None
Sol.   Let C.P. = Rs. 100. Then, marked price = Rs. 155.   S.P. = 75% of Rs. 155 = Rs. 116.25.   ∴ Gain% = 16.25%.   Answer None
<result>E</result>
An uneducated retailer marks all his goods at 55% 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?