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UI Post-UTME Mathematics 2025 (Model questions) Question 25

Question 25

Commercial Arithmetic

A trader marks an item 40% above cost price. He allows a discount of 25%, find his percentage profit or loss

  1. A.5% loss
  2. B.10% Profit
  3. C.15% profit
  4. D.5% profit
Show the answer and explanation

Answer: D (5% profit)

Explanation

Selling price = 1.4 × 0.75 = 1.05 of cost price, a 5% profit.