Q. An article is marked 40% above its cost price and sold at a discount of 10%. What is the profit percentage?
✅ Correct Answer: (C)
26%
Explanation: Let CP = 100. MP = 140. SP = 140 × 90/100 = 126. Profit = 26%.
Explanation by: Krishna Sharma
Let CP = 100. MP = 140. SP = 140 × 90/100 = 126. Profit = 26%.