A trader marks his goods at 60% above the cost price and allows a discount of 25%. What is his gain percent?

20%

Let the cost price of the goods = 100

Mark up = 60%

Now the Marked price of the goods = 160

Discount offered = 25%

So, the selling price of the goods = 75% of 160 = 120

Now the profit = 120 - 100 = 20

Profit% = 20 × \(\frac{100}{100}\) = 20%