A shopkeeper marks up his goods by $40\%$ above the cost price and then allows two successive discounts of $10\%$ and $15\%$ on the marked price. What is his overall gain or loss percentage?

Options:

• A: $6.5\% \text{ gain}$
• B: $7.1\% \text{ gain}$
• C: $8.2\% \text{ gain}$
• D: $5.4\% \text{ loss}$

Related Practice Questions:

• Which of the following artifacts, extensively found at Burzahom and Gufkral, specifically indicates that the Neolithic inhabitants of Kashmir practiced sewing animal skins for clothing to survive the harsh winters?
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