A shopkeeper labeled the price of his articles so as to earn a profit of 40% on the cost price. He then sold the articles by offering a discount of 5% on the labeled price. What is the actual percent profit earned in the deal?  Choose the correct choice
A) 18% B) 20% C) 17% D) 33% E) None of these
Explanation:   Let the CP of the article = Rs.100.   Then labeled price = Rs.140.   SP = Rs.140- 5% of 140 = Rs.140-7 = Rs.133.   Gain = Rs.133 â€“ Rs.100 = Rs.33   Therefore, gain/profit percent = 33%.   Answer: Option 33%
<result>D</result>
A shopkeeper labeled the price of his articles so as to earn a profit of 40% on the cost price. He then sold the articles by offering a discount of 5% on the labeled price. What is the actual percent profit earned in the deal?