A dealer marks his goods at 15% above the cost price and allows a discount of 5% for cash payment. His profit percentage is:

Correct option is A

Given:

A dealer marks his goods at 15% above the cost price and allows a discount of 5% for cash payment.

Formula used:

SP = MP(1 - D%)

​$$P \% = [\frac{(SP - CP)}{CP}] × 100$$​​

Solution:

Let CP be x and MP be 1.15x

According to the question,

SP = 1.15x(1 - 5%)

=> SP = 1.15x(1 - 0.05)

=> SP = 1.15x(0.95) = 1.0925x

Now the Profit %,

​$$P\$$​​

∴ His profit percentage is 9.25%