An uneducated retailer marks all his goods at 60% 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?  Choices.
A) 20 %	B) 13.50 %	C) 14 %	D) 14.50 %	E) None
Sol.   Let C.P. = Rs. 100. Then, marked price = Rs. 160.   S.P. = 75% of Rs. 160 = Rs. 120.   ∴ Gain% = 20%.   20 %nswer 20 %
<result>A</result>
An uneducated retailer marks all his goods at 60% 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?