A retailer buys 40 pens at the market price of 36 pens from a wholesaler, if he sells these pens giving a discount of 1%, what is the profit %?

Arithmetic Aptitude

1)	A retailer buys 40 pens at the market price of 36 pens from a wholesaler, if he sells these pens giving a discount of 1%, what is the profit %?

A) 6%
B) 77.8%
C) 11%
D) None of These

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