Syntel Company Numerical Ability Profit and Loss

By selling an item at a price a trader gains 40%. What is the profit / loss % if the item is sold at half the price?

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Syntel Other Question

A trader allows a discount of 25% on his articles but wants to gain 50% gain. How many times the CP should be marked on the items? A trader gets a profit of 25% on an article. If he buys the article at 10% lesser price and sells it for Rs. 2 less, he still gets 25% profit. Find the actual CP of the article.